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Seven Tips for Preparing an Effective Annual Budget
Proper condominium management depends upon the annual budget for both short- and long-term financial planning. It’s important to follow some guidelines to ensure the success of the community and protect the investment of the owners. -
What Your Condo Corporation Needs to Know About the Legalization of Recreational Cannabis
The Canadian Senate passed Bill C-45 , known as the ‘Cannabis Act’, in June 2018 which legalized the recreational use of cannabis across Canada. The first G-7 country to do so! When Bill C-45 goes into effect on October 17 th , Canadians will be able to purchase, consume and grow up to four cannabis plants, as well as make cannabis-containing products at home. -
Long-Term Community Planning is Your Legacy
Adequate funding and planning preserves your community for future residents. -
Managing Package Deliveries During the Holiday Season
Managing package deliveries has become a necessity for condo associations and as the holidays arrive it's more important than ever to be organized for the onslaught deliveries. Check out our tips for managing packages during this busy time of year. -
Florida HOA Laws 2020
Learn more about which Florida HOA laws passed in 2020, and how these new bills will affect your community. -
Florida Phase 3 Guidlines for HOAs and Condos
Get the latest Florida phase 3 property management guidelines to ensure your association is compliant. -
HOA Rental Policy: 5 Steps to Adopting HOA Rental Restrictions
HOA rental restrictions can bring several benefits to a community association if done properly. Here are five steps to follow when adopting HOA rental restrictions successfully. -
Tax Certiorari: Fast Facts for Boards and Owners in New York City
FirstService Residential managed properties have access to the tax certiorari experts at Goldberg Weprin Finkel Goldstein LLP, the premier firm in this specialized field. -
FISP (Local Law 11) - Understanding Cycle 9 Requirements in NYC
FirstService Residential has invested substantial resources to facilitate each of our managed properties with facade inspections and is here to help you navigate the many intricacies of FISP. -
Don’t Be the HOA Bad Guy: 4 Proven Policy Enforcement Tips
Enforcing HOA policies is nobody’s cup of tea, but having good policy enforcement in place helps improve the resident experience and elevates your reputation. Follow these 4 principles for healthy policy enforcement: -
Market Trends & Best Practices: Property Insurance for Boards & Building Owners in 2021
Around the world, the property and casualty insurance industry experienced record losses from 2016 to 2019, and consumers are now feeling the effects on both a macro and micro scale. -
Mitigating Board Liability & Personal Exposure – Part One
A capable management company will enforce procedures and invest in technologies that help limit legal liability for the condo or co-op, and also mitigate board member personal exposure. -
Mitigating Board Liability & Personal Exposure – Part Two
Policy exclusions introduce increased risk to the board and often render a contractor’s policy meaningless. Properly vetting a contractor’s insurance is critical. -
5 Things to Know About Adequate Staffing
Does your homeowners association have adequate staff for the services that you provide? Learn how to staff your community effectively. -
New York’s Climate Mobilization Act | Frequently Asked Questions
FirstService Residential helps condo and co-op boards navigate CMA compliance, avoid costly fines and identify incentive programs that reduce the cost of building upgrades. -
Local Law 97 Updates: Building Energy Grades & Emissions Compliance
Local Law 97 impacts roughly 50,000 buildings across the city, a majority of which are multifamily residential properties. -
Residential EV Charging Stations: Benefits & Incentives for Multifamily Buildings
FirstService Residential recommends that all boards and building owners consider the installation of EV charging stations and incentives available through NYSERDA and ConEd. -
New York City Council Extends Local Law 152 Inspection Deadlines for Boards & Building Owners
As of November 2021, the New York City Council has extended Local Law 152 gas pipeline inspection deadlines for boards and building owners through June 30, 2022. -
Want to Become a Florida Community Association Manager? Here Are 7 Questions and Answers to Consider
Are you interested in becoming a Community Association Manager? It requires a passion for helping others, empathy, and dedication to providing quality customer service, among other things. Read our article to learn if it's the right fit for you. -
The 2022 Florida Legislative Session And Why It’s Important For Community Associations
On January 11, state lawmakers will assemble for the annual 60-day legislative session. This session will cover a list of key issues and promises to be an active one for community associations for two particular reasons: the impact of the collapse of Champlain Towers South in Surfside and the skyrocketing cost of property insurance. -
FAQ: The Impacts of the New York Prevailing Wage Law on Condominiums & Cooperatives
Beginning July 1, 2022, condominium and cooperative buildings in New York City must begin to pay building workers a prevailing wage or forfeit their eligibility for the Cooperative and Condominium Property Tax Abatement. -
2022 Florida Legislative Session: Update on Key Bills
Learn about the main bills addressed this session that will impact Florida's community associations and those who live and work in them. -
Luxury High-Rise Building Amenity Trends
Emulating the 5-star hotel industry, many high-rise condominium communities are offering luxury amenities to their residents. Learn more about luxury building amenity trends! -
Luxury High-Rise Building Amenity Trends
Emulating the 5-star hotel industry trends, many high-rise condominium communities are offering luxury amenities to their residents. Learn more about luxury building amenity trends!