ArchiveNovember 2016

November 2016 Condo Association News Roundup

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While 2016 is starting to wind down, there’s still plenty going on in the Condo Association news.  The November 2016 Condo Association News stories include the latest on FHA, making building more eco-friendly, and dealing with pet allergies. FHA Pulls Housing Head Fake on Condo Communities Kenneth R. Harney, Chicago Tribune, November 1, 2016 This is a fantastic op-ed on the recent Federal...

Thankful in 2016: One Year of Better Condo Life

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At the start of November, Better Condo Life had its first birthday.  I can’t believe we’re at one year of Better Condo Life  already!  It’s been a fantastic experience blogging for the past year, and I am incredibly grateful for everyone who has visited the blog or is a regular reader.  I’ve learned a lot, both about the Association business at large and writing in general...

What is Condo Association Fiduciary Duty?

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The term “fiduciary duty” comes up often when talking about Condo and HOA Boards.  According to US Legal.com the official definition of fiduciary duty is: “A fiduciary duty is an obligation to act in the best interest of another party…A fiduciary obligation exists whenever the relationship with the client involves a special trust, confidence, and reliance on the fiduciary to exercise his...

The Condo Association Rule Life Cycle

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Condo Association rules are always a hot topic.  In general, people want to be left alone and live quiet, nuisance-free lives.  They don’t want a Condo Association or HOA hassling them over why their blinds are ivory when only eggshell white is approved.  At the same time, they also want to live a life where their fellow neighbors aren’t doing things that disrupt their lives.  They don’t want to...

Types of Prospective Condo Buyers

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Buying a new property is an exciting time.  Whether you’re a first-time home buyer or an experienced veteran, nearly everyone loves shopping.  Buying a Condo is different; you’ve got a lot to look out for, whether you’re buying a new Condo or conversion.  In the era of the internet, the information a buyer needs is out there.  The question becomes – does a prospective...

Fighting Apathy: Identifying Great Condo Board Member Candidates

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Condo Association Boards have an extremely challenging job when it comes to running their Associations.  They have substantial control over finances and the direction a community goes.  The fear of breaking bad – and resulting horror stories – is very real.  Good Board members hold things in check and grow a community.  In most Condo Associations, a Board has five, seven, or maybe...

The First Steps to Learn to be a Condo Board Member

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New Board members are are a key to fighting apathy.  They come in full of energy, ready to change the Association for the better.  They know what they’re getting into, but how do you get to work?  This article is the first in a series targeted at helping Owners learn to be a Condo Board Member.   Figure Out What the Association is Really Doing You likely joined your Condo Association Board...

Three Things No One Tells Prospective Condo Buyers

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Buying a new home is always exciting.  Condominiums are often ideal for people who have smaller (or no) families, don’t want to have to directly worry about maintenance, or desire the prime geographic location of a Condominium.  While Condos are a great investment for many people, they also include challenges and potential downsides that most people aren’t told or don’t know about.  Here...

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