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What to Know about Service Dogs, Comfort Animals and Your New Jersey High-Rise
Feb 15, 2018For many individuals with a disability or other debilitating condition, a service animal or assistance animal is essential to performing life’s daily tasks. But what happens when the presence of an assistance animal conflicts with the policies of your New Jersey high-rise association? -
How Can My Association Fund Capital Improvements?
How Can My Association Fund Capital Improvements?
Nov 09, 2017Nothing lasts forever…and when it comes time to replace your high-rise roof, community pool or to add new amenities, your association will need to determine how to pay for it. All of these things – significant repairs and replacements, as well as new construction – are considered capital improvements. -
What Should My Association Board Look for in a Management Company?
Oct 30, 2017As part of your responsibility to preserve, protect and enhance your community association, you may choose to bring in a professional property management company. Professional management can provide a depth of resources that you may not have access to otherwise, can help you optimize your budget while improving your residents’ lifestyles and more.
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The Basics of Board Meetings for Your Community Association
Oct 27, 2017How many board meetings must your association hold? The number of required board meetings varies by association, so check your association bylaws. Some associations meet monthly, especially active high-rises, but some only meet quarterly. Regardless of how often your board meets, all of your meetings should be efficient.
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Emergency Preparedness: Is Your High-Rise Ready?
Sep 13, 2017Our Community Manager, Erin O’Reilly, CMCA, AMS, PCAM, has been published in the August 2017 issue of CAI New Jersey's Community Trends magazine. Her article highlights the importance of emergency preparedness and the appropriate procedures you can implement in your high-rise if a disaster strikes.
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What Are the Qualities of an Effective Board Treasurer?
Aug 18, 2017The board members of your community association serve many important leadership functions. Although they may have diverse backgrounds and skill sets, they are all committed to the common goal of bettering your community association, taking actions that ensure its financial health, enhancing property values and improving the lifestyles of the residents. What can happen if you don’t have an effective board treasurer?
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Choosing the Right Banking Program for your Community Association
Aug 14, 2017As a community association board member, one of your chief responsibilities is to protect the financial interests of your association and your fellow residents. That includes making sure that the association’s reserve and operating funds are carefully managed, protected and invested. Smart decision-making and sound financial stewardship are critical to the association’s long-term financial stability and health. Read on…
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Seven Essential Financial Best Practices for Your Community Association
Aug 11, 2017Community associations can be wonderful. They have amenities that otherwise might not be so close to home, like a community pool, fitness center, golf course or riding trails. Being part of a managed community often means having shared interests with your neighbors, imparting a sense of community that isn’t easy to achieve in an ever-transient world. It means that everyone abides by the same high aesthetic standards. But none of that happens without stable finances, including a balanced budget and a well-funded reserve.
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Five Steps You Can Take to Maintain Your HOA’s Financial Fitness
Aug 11, 2017The principles to fiscal fitness and physical fitness aren’t that different: Don’t overindulge. Make smart choices. Keeping your community association’s finances healthy requires care and exercising good judgment. Follow our tips to help you do that.
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Is Your Community Staffed Adequately?
Aug 10, 2017Staffing your community association is both an art and a science. Your community’s culture and lifestyle are supported by the staff you choose, and it’s important to make sure that you’ve got the right people in the right positions, and enough of them. Properly staffing your community goes far beyond having people to answer the phone and handle packages or keep the pool clean and tidy.