Back in 2021, Congress passed the Corporate Transparency Act (CTA), a federal law requiring most corporations, LLCs, and other such entities to register with the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN). The …
In the world of single-family homes, property owners can do pretty much whatever they want when it comes to the look of their place. They can paint their house bright purple, for instance. Or display Christmas or Halloween decorations that …
Groucho Marx once famously said, “I wouldn’t belong to any club that would have me as a member.” Not so for many in the world of co-ops, condos, and HOAs. Shared communities often (if not usually) have an application process required for p…
Cooperative corporations and condominium associations are collectives of shareholders and owners, respectively. Both are governed by a board, the members of which are typically elected by those same shareholders and owners. Immediately fo…
Talk to anyone familiar with common-interest community governance anywhere in the country, and they will tell you the same thing: apathy is rampant among residents of co-ops, condos, and HOAs. Not only is it difficult to get owners and shar…
In multifamily residential communities, where neighbors share common space, amenities, and maintenance—if not actual walls—establishing and maintaining boundaries can be a bit tricky. Physical boundaries are often breached by things like …
The National Housing Conference (NHC) recently launched its latest venture in the organization’s ongoing effort to address the persistent affordable housing crisis in America: “Beyond Four Walls: Conversations on Affordable Housing,” a bimo…
According to a recent item published by the National Housing Conference (NHC), the Executive Council for Housing Affordability (ECHA) at the J. Ronald Terwilliger Center for Housing Policy sent a letter to Congressional leaders on Novem…
The relationship between a building or association's board and their property manager sets the tone for the entire community. Transparency, clearly-defined expectations, and accountability are hallmarks of a healthy, functional board-manage…
The scope and cost of maintaining masonry - let alone undertaking a comprehensive repair and restoration project - can be extremely daunting for building owners and boards. Unfamiliarity with materials and methods, lack of prior experience …