One of the most confusing topics for condominium owners and board members is the issue of property insurance. More particularly is the question of what parts of the condominium property are the association required to insure versus what each owner must insure. This confusion arises as there are three types of condominium insurance, which are: […]
Do You Know Your Condominium’s Property Insurance Requirements? Read More »
As more community associations enter the digital age and establish their own websites, boards enter a new world that may be unfamiliar. Association websites are a great tool for providing owners with the community’s governing documents, handbooks, and other relevant information, such as when the pool will open and close. Many owners have stated that
In recent years, the cost of construction materials has increased dramatically. During 2020 when shelter-in-place orders were in effect, many manufacturing businesses were unable to operate, decreasing supply for materials like lumber. At the same time, individuals began purchasing these materials at a greater rate to perform their own DIY projects with their newfound time
Be Aware and Plan for Rising Material Costs By: Andrew F. Meinert, Esq. Read More »
One of the primary functions of community association boards is entering contracts for services to be provided to the association, whether it is for ordinary landscaping or significant repairs. Boards are commonly presented with proposals or estimates by contractors about their services. However, boards must be extremely careful in reviewing proposals and signing such documents,
Cautionary Tales: Signed Proposals Are Contracts, By Andrew F. Meinert, Esq. Read More »
The catastrophic collapse of the Champlain Towers South Condominium in Surfside, Florida earlier this year has caused industry-wide norms to be revisited, particularly as it relates to potentially unsafe conditions effecting condominium projects. Unsafe conditions do not relate solely to the physical conditions of the property, but also include the financial health of an association
Fannie Mae Issues Notice of New Loan Purchase Requirements, By: Andrew F. Meinert, Esq. Read More »
As the adrenaline rush of hearing your name announced as the election winner starts to wear off, you begin wondering what exactly you have gotten yourself into. While serving on your association’s board of directors for the first time can be confusing, and at times seem daunting, new board members need not fear. Below are
Tips for Orienting Yourself as a New Board Member By Andrew F. Meinert, Esq. Read More »
With next year’s budgets in preparation, boards may be looking for ways to cut costs and reduce spending. Often, Board’s will look to their owners to volunteer for a variety of maintenance tasks, from snow shoveling to planting flowers. While minor work can be performed by volunteers with relatively little liability exposure, that is not
Cutting Costs: When Using Volunteers Does More Harm Than Good By Andrew F. Meinert, Esq. Read More »
