Every month, your property management company, a board member, or someone with financial experience should be producing some sort of financial reporting for your community. These reports provide an overview of your community’s revenue and expenses against your financial projections or budget. If not, this should be your first order of business at the next board meeting. It’s that important! Do these reports look like a jumble of numbers and complicated terms? Don’t worry and keep reading! With a basic understanding of budgets and reporting, you’ll not only understand the information, but you’ll be able to ask the important questions necessary to effectively oversee your community. Read the article………..
Where a litigant is otherwise entitled to injunctive relief, the fact that a declaratory judgment…
A board member at a 10-unit Harlem co-op has a problem and a question. The…
The Snowmass Village planning commission will recommend against a request by several condominium associations to…
The Ocean Grove Camp Meeting Association, which governs much of life in a place that…
Each year, condominium associations work to obtain insurance at reasonable rates in an effort to…
Agroup of homes directly within feet of a New Jersey bay can now manage the…