When you own a condo, you’re usually part of an association, an HOA. This association typically requires all members to pay membership fees and abide by certain rules and guidelines. As an owner and association member, you’re entitled to certain rights and protections under the law, and ...
I have always thought of myself as a writer, but I began my career as a data operator with a large fintech firm. This position proved invaluable for learning how banks and other financial institutions operate. Daily correspondence with banking experts gave me insight into the systems and polic...
"It's important that the board, management and the super be on the same wavelength," adds Elliot Meisel, a partner with the Manhattan law firm Brill & Meisel. "Many of the more successful boards are those that keep their directives and policy decisions to a minimum and allow their managing...
The owners elect the board to oversee the condo association. You have to count on the condo association members to enforce rules and any issues that arise. Keep in mind the condo association is the lifeblood of your neighborhood. Without a healthy condo association, you will likely have a mis...
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you know how much effort and time it takes to maintain your yard. This is done for you by the condo association so that you are able to enjoy life to its fullest. You will have the advantage to come home from work and relax with your family and friends without having to worry about ...
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“A management company arguably has both a contractual and fiduciary duty to notify the association’s legal counsel of wrongdoing or potential liabilities, to advise the board to seek legal counsel based upon the risks as stated by the manager, to use discretion in not alerting wrongdoers of ...
However, with a hotel, it is set up perfectly to travel for a few months and rent it out nightly, or for longer corporate stays, and make money while on the road.All of which is our intent in the near future. When we decide to do this, we will put all our belongings into the ...