2011 February
Focus on... Management

2011 February Q&A: Financial Management?

Q If a co-op gets the run around from its board about finances and there is evidence of mismanagement, how can a shareholder organize to get shareholders to hire their own attorney to represent them? —United We Stand …

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2011 February Q&A: Secret Correspondence

Q Is there an expectation of privacy for correspondences sent to the HOA? Is material sent to the board closed to public scrutiny? --Confidentiality in a Condo A “Usually not. I am not aware of any sort of confide…

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Management
2011 February The Modern Property Manager

As technology has paved the way for easier entry into many career fields, residential property management has taken on many changes—adjusting for a new generation of professionals from degree programs across the country. Sara …

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Management
2011 February Communicating With Your Property Manager

It was an odd call to management, but Erik Conrad, president of InCommercial Property Group in Chicago, knew that when his residents have a gripe, they also have the right to call and let him know what the problem is. In this …

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Management
2011 February Prioritizing Projects

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 …

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Management
2011 February Lincoln Park

 Two miles north of downtown Chicago you find one of the Windy City’s quintessential neighborhoods, Lincoln Park. Lincoln Park is located along the  lakefront and comprises the area north of North Avenue, south of Diversey  Parkway, west o…

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2011 February Q&A: Who's Responsible for Leaks?

Q My aunt owns a condo. The condo on top of hers had a plumbing problem that was leaking to her bathroom. They opened a hole in her wall to see the condition of her pipes. They were rusty and with leaks. Is the building association …

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Management
2011 February All the Right Stuff

 Some property managers fly through their to-do lists with the greatest of ease,  while others send you to voicemail. Again. The difference between a serviceable  manager and a really great one may not be something they’re born with; but m…

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Management
2011 February Managing Expectations

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 …

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