When one buys a private single-family home, it’s clear who the king or queen of the castle is: the homeowner. When it comes to condominiums and cooperative apartments, however, the relationship between owner and property is a little more co…
Category: Board Operations
When purchasing a residence in a condominium, homeowners association or a co-op, you by default agree to reside in a community association. You live in relatively close proximity to your neighbors and equally share the right to utilize comm…
Monthly assessments are vital for the continued operation of condominium associations. Unfortunately, the coronavirus pandemic may pose a financial hardship to many unit owners in the coming weeks and months and result in increased assessme…
Editor’s Note: During this crisis, The Cooperator family of publications will be passing along information, tips, and FAQs submitted by our network of industry professionals, including attorneys, managers, and other subject matter experts. …
The coronavirus outbreak has highlighted the tension between the rights of the community and the rights of individuals. For now, governments are relying on their inherent police power to protect the community at large. Centers for Disease C…
Life in a co-op or condo is in many respects a microcosm of the larger world outside. It can suffer from the same factionalism and power struggles as any political entity, only on a much smaller and more intimate—and thus potentially more d…
Removing a disruptive, abusive, non-paying, or otherwise problematic tenant from a rental building is relatively easy. Doing the same thing in a co-op is also possible, though substantially harder. But removing a condo owner from the premis…
Community living comes with lots of rules and regulations – many of which are codified in largely static, hard-to-amend governing documents like proprietary leases and condominium declarations. Others are laid out in the more flexible conte…
While children are most certainly the future, in the present they can often be a bit of a handful. In buildings and associations where residents live in close quarters, it’s inevitable that unit owners without kids will cross paths with the…
Residents in condo, HOA and co-op communities are frequently quite busy. Boards consist of elected volunteers who nearly always have other jobs and lives. So while a professional management company can relieve much of the day-to-day operati…