Co-op and condo boards can now apply to register their buildings on the city's prohibited building list to ban short-term rentals, but must first amend their governing documents to specifically prohibit them. (Print: The Bane of Short-Term Rentals)
Co-op and condo boards can now apply to register their buildings on the city's prohibited building list to ban short-term rentals, but must first amend their governing documents to specifically prohibit them. (Print: The Bane of Short-Term Rentals)
Boards should investigate complaints of odors and secondhand smoke, and impose fines and injunctions to address the issue effectively. (Print: What To Do About Weed?)
Condo boards facing unpaid common charges can expedite eviction using a writ of assistance within the foreclosure action, with specific requirements.
When reviewing a management contract, define the scope of tasks clearly, set limits on financial autonomy, examine termination terms, and document performance issues for renegotiation.
Differentiating between roommates and unauthorized sublets is crucial. Clear rules and vigilance help boards enforce policies, collect fees, and maintain control.
Boards gain control over commercial spaces in converted buildings by terminating master leases, optimizing revenue and renegotiating terms for benefits.
Boards handling construction defects in condos should act within six years of first closing, considering litigation, settlements, and cost-benefit analysis.
Boards tackling smoke complaints need evidence and legal fee provisions. Success depends on witnesses and bylaw support for potential court battles.
New law mandates flood history disclosure in all residential leases. Boards face challenges in researching history and ensuring compliance.
Condo board faced unit-owner opposition to a project exceeding spending limits. Court sided with the board, citing repair necessity.