This is a great time to be on the board of directors of a condominium association—if you like a challenge. Gone are the days of flush and growing reserve funds and easily balanced operating budgets that marked the real estate …
While the board is the one who makes important financial decisions for their communities, it’s the property manager who handles day-to-day administrative tasks and keeps the association’s buildings running smoothly. If there’s an issue …
Say the term “board president,” and most people envision a highly-paid position with great—if not absolute—authority and influence over a large company or foundation. While that may be the case in some arenas, the role of the bo…
So the votes are counted, and the new board members are officially chosen. Now what? Many people join their co-op or condo board because they hope to jump right in and make major changes to their building or association. Lower…