Finance Cutting Costs – Without Cutting Corners
2014 July Cutting Costs – Without Cutting Corners

As the 2012 federal legislative fiasco over the debt ceiling—as well as any number of other spending bills proposed since then—demonstrated, balancing a budget can be like pulling teeth. Balancing a condo or HOA community's budget can some…

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Finance Budgeting and the Bottom Line
2014 July Budgeting and the Bottom Line

Preparing the annual budget is by no means an easy task. Those charged with preparing condominium or HOA budgets will soon begin reviewing costs, gathering data and projecting expenses for the coming year. Communities, businesses, individu…

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Q&A Q&A: What Kind of Coverage?
2014 June Q&A: What Kind of Coverage?

I just bought a townhome in central Florida. I'm just waiting for all the paperwork to go through. In the meantime, I wonder what kind of homeowner's insurance I should consider to protect my new home. I've heard that part of the monthly as…

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Q&A Q&A: No Vote on New Lobby Décor
2014 June Q&A: No Vote on New Lobby Décor

Q I recently walked into the lobby of my condo building greeted by a new décor theme. I was completely caught off guard as there had been no correspondence to the homeowners that this change would be taking place. I'm wondering if there's…

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Law & Legislation Avoiding Lawsuits
2014 June Avoiding Lawsuits

I Love Lucy is one of the most beloved sitcoms in all of television history. In one episode, after Little Ricky is born, the baby is screaming and screaming, keeping awake the next door tenant, Mrs. Trumbull. Mrs. Trumbull complains to lan…

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Law & Legislation Vetting Contracts Before You Sign
2014 June Vetting Contracts Before You Sign

Few things can raise one's blood pressure like signing a big contract. That can be especially true for board members or managers signing sometimes mammoth contracts on behalf of a co-op or condo association, obligating their neighbors, fri…

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Law & Legislation 2014 Legislative Roundup
2014 June 2014 Legislative Roundup

A quote often attributed to the Prussian statesman Otto von Bismarck in the mid-1800s says something to the effect that laws are like sausages—it's better not to see either of them being made. It's a clever quip, and it's not entirely inac…

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Q&A Q&A: Sue Me!
2014 May Q&A: Sue Me!

I live in an association in Central Florida that is rather small. The board recently got threatened with a suit from a unit owner, and while we'll be consulting an attorney soon, we're not sure how to interact with the unit owner should the…

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Q&A Q&A: Responsibility for Rusty Pipes
2014 May Q&A: Responsibility for Rusty Pipes

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

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