CategoryMajor Projects

Tips for Urgent Condo Association Repairs


Things breaking is part of life in any home, and a Condo is no different.  Even with the best preventative maintenance schedule, you may have unexpected part failures or have a system fail due to external factors, like weather.  These can result in inconveniences you can live with until repairs are made – for example, losing one of six elevators.  In other cases, you may have things that need to...

Ensuring You Don’t Over Plan Condo Association Major Projects


Planning for a major project in a Condo Association is a big deal.  You have to bid out projects, work with vendors, educate Owners, and execute.  You want the project to go as smoothly as possible, of course.  And an ounce of prevention is worth a pound of cure.  However, there is such a thing as going too far when you are preparing.  If you spend hours and hours trying to plan every possible...

Condo Association Repair Project Questions to Consider


Major projects within a Condo Association are a part of life.  Over time, things break down and need to be rehabilitated and repaired.  If you have strong reserves and don’t need a special assessment, the projects are somewhat straightforward.  However, depending on the project, you’re going to have impacts to your Owners.  Before starting any major project, here are Condo Association repair...

What to Do if Your Condo Association Special Assessment Vote Fails


At this point, we’ve discussed the need for a Special Assessment in great detail.  You’ve done all of the work, but your Owners rejected your plan.  We’ll assume for the sake of this article that the work simply must be done, so we’re going to discuss what your options are to move the ball forward if your Condo Association Special Assessment vote fails. Assess Why you Failed If you only failed by...

How to Closeout a Condo Association Major Project


You’ve come so far on your project – you designed it, you bid it out, you informed Owners, and you executed the work.  After months – maybe years – of work and disruptions, you can finally begin to rest easy.  However, now is not the time to slack.  Completing the project is a major milestone, but there is – of course – more work to be done.  This article will cover...

How to Execute a Major Project in a Condo Association


Thus far, the focus of Managing a Major Project has been on finding the right people and building the right plan.  Preparing for the execution itself is half the battle.  But now that you’ve got all of your ducks in a row, it’s time to start things up.  Depending on the project, this may mean a minimally disruptive or an extremely disruptive experience for your Owners – and of...

How to Conduct a Condo Association Special Assessment Vote


For many Special Assessments, you need your Owners to vote with a two thirds majority in order to raise the funds you need to repair your decaying infrastructure.  Now that you’ve got your plan and your communications strategy, you now need to develop your “ground game” for your Condo Association Special Assessment vote.  You can find a great outline of activities for communicating...

How to Communicate a Condo Association Special Assessment


Now that you’ve figured out your plan for your Special Assessment, you need to communicate it to your Owners, and in some cases, you may also need to hold a Condo Association Special Assessment vote.  This guide is focused on how you communicate a Condo Association Special Assessment to your Owners.  This is one of the trickiest parts of a Special Assessment.  To effectively make your case...

Communicating Major Condo Association Projects to Condo Owners


You’ve got your technical representation.  You’ve designed and bid out your project.  The next step in managing a major project is one of the most important – communicating major Condo Association projects to your Owners.  This is a task that is both simultaneously easy and hard.  It is relatively easy to do, but it isn’t always a fun experience for the Board.  That said, you need to be a...

Financing a Condo Association Special Assessment


Now that you’ve got an idea of what condition your Condo is in, you need to figure out how you are going to handle the “Assessment” part of the Special Assessment process.  This is the step where you figure out how you’re financing a Condo Association Special Assessment.   How Much Do You Need? Typically you want to assume the cost of the project, plus enough to cover any delinquency, plus...

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