CategoryMajor Projects

Evaluating your Condo Association’s Condition before a Special Assessment

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A correctly performed Condo Association Special Assessment is one that is not done in haste, but rather after thorough and exhaustive research that demonstrates a Special Assessment is the best path forward.  One of the most critical steps in this process is having a firm grasp of the condition of the major systems within your Condo Association.  For many established Associations, you already...

Managing a Major Project in a Condo Association: Hiring Technical Representation

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Managing a major project in a Condo Association is one of the more grueling parts of Condo life – whether you’re an Owner, Board Member or Management.  The costs, disruption, and constant oversight will impact you no matter who you are.  If you haven’t already checked out the overview, learn about the full life cycle here. The first part of nearly any project is to ensure you have proper...

New Guide: The Condo Association Special Assessment Process

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According to one study, approximately 70% of all Associations are underfunded.  This means that odds are you live in an Association where there is at least the threat of a Condo Association Special Assessment.  If that’s the case, hopefully your Association is taking proactive steps to get control of your financial situation to stave off a Special Assessment.  The reality is that sometimes you’ve...

New Guide: Managing a Major Project in a Condo Association

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It is inevitable that there will be a major project in your Condo Association.  All major systems will degrade over time and eventually will need to be repaired or replaced.  Examples include roofs, garages, facades, elevators, HVAC systems, fire alarms, etc.  For our purposes, a “major” project will be defined as one that is paid for out of reserves and is around 10% or more of the Association’s...

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