Mar 27, 2017 | Budget, Community Manager, Payments, Property Managers, Renters
One of the top questions a prospective resident wants to know when they are interested in your property is, “Will I have to put any utilities in my name?” The answer is largely determined by how your property is metered, and ultimately, how you can recoup those...
Nov 21, 2016 | Associations, Board of Directors, Communication, Community Manager, Payments, Property Managers
Understand Local Rules & Regulations This can be tricky because there are no federal or universal laws regarding utility bill-back. Every state has its own rules and regulations, as does each municipality. Failure to comply with the stated regulations can lead to...
May 12, 2016 | Community Manager, Payments, Property Managers, Renters
Let’s take a short quiz. Who are the most likely people who want to purchase their first home? Current renters. Who are the people who need their credit score to positively reflect years of on-time rental payments? Current renters. Who are the people who shouldn’t...
Nov 23, 2015 | Budget, Communication, Community, Community Manager, Law, Payments, Property Managers, Renters, Residents
Question: My condominium association has no reserve funds for our roof. Every year at the annual meeting, the board asks the owners to waive the reserve funding and every year the owners vote to waive the reserves. Now we need a new roof for the building and the board...
Nov 10, 2015 | Community, Payments, Property Managers, Renters, Residents
Successful HOA’s are always looking to find creative and unique ways to be competitive and profitable. Would you like to eliminate an annual expense or turn that expense into a profit? Of course you would! Payment coupon books are an essential and necessary component...
Jul 30, 2015 | Ask Mr Condo, Payments, Residents
Re post from Ask Mr. Condo E.H. from Middlesex County writes: Dear Mister Condo, Is the common charges fee assessed against the Unit or the Owner of the Unit? What is the Statue of Limitations for past due fees? Mister Condo replies: E.H., for the most part, common...