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When hiring contractors for services within your community, a solid understanding of the vendor contracts is crucial for the success of a project. Depending on the type of project or service you are hiring for, your association may or may not require a bidding process. Soliciting bids is done in an effort to identify the provider that can best complete the work according to the association’s needs and within the given budget.

While there is no one perfect process, since every community is different, we do have 8 universal secrets to help streamline your community’s budget process.

Association board meetings are the foundation for effective governance of the community. These gatherings serve as the platform where board members, homeowners, and the management team come together to address a range of critical issues, foster community engagement, and ensure the smooth operation of the association.

When living in a community, whether a suburban neighborhood, a vacation destination, or a retirement haven, you'll likely encounter terms like HOA and POA. These acronyms, standing for Homeowners Association (HOA) and Property Owners Association (POA), play vital roles in shaping the quality of life and property values in residential areas.

Our experts answered the most frequently asked questions to help owners and shareholders navigate requirements for the 2024-2025 tax abatement cycle.

FirstService Residential is expected to deliver up to $10K in monthly electricity cost savings to buildings subscribed to a local Community Distributed Generation Program.

The DOB has updated LL97 carbon emissions requirements for boards and building owners, including fines and violations for non-compliance, filing deadlines, and Good Faith Effort.

Be honest: How good are your association’s HOA communication tools? Can residents and board members readily contact each other and your management company? Does your method of exchanging information ensure safety, privacy, and compliance with NJ HOA laws?

Multifamily building owners are now considering how to cater to legacy short-term renters, as well as forever tenants. This includes the provision of relevant and enticing amenities, expanded services, and rethinking concessions to maximize their revenue potential.