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The Rochester Real Estate Blog shares helpful advice on buying condos. Will condominium living be right for me:Frederick Real Estate Online offers considerations you should consider before purchasing. What to know aboutliving in a High Rise Condominium: find out what you should know about this hous...
Goldstein says managing agents can also adversely impact insurance rates or coverage if they are deemed negligent. This is especially important when looking at directors and officers liability insurance, a notice of occurrence policy. “A management company arguably has both a contractual and fiduciary...
And residents should protect their interest by using a proxy, according to Marc Schneider, of counsel to the law firm of Rosenberg & Fortuna, LLP in Garden City. "You can give a proxy to anybody to vote your interest - though it's usually better to designate another unit-owner. The orig...
[managing] agents must deal with on a daily basis.” Hakim recommends that boards and managers carefully address all instances of potential harassment with legal counsel and maintain an arm’s length of separation as the examination of the incident or incidents proceeds. Since there is no “one...
“Bid-rigging and kickbacks have obviously been a way of life for many years in the residential real estate industry. But, by violating their positions as managing agents, building superintendents, and co-op board members to divert tenant funds into their own pockets, the defendants siphoned ...
Tyson Hill is a Content Marketing Assistant at Zoocasa. Tyson’s insight provides readers with an understanding of the current real estate market and the hidden properties that offer great value. Tyson covers many topics on insurance and mortgages, affordable properties and homeownership expertise. Rel...