News & Insights

Is Your Building Maintenance Falling Short of Expectations? What You Should Expect From Your Property Management Company

A large residential community demands a strong maintenance management program. Maintenance response times, recurring problems and poor communication may prompt an HOA to shop around for a new management company. Before taking that step, know what to expect from maintenance service. Maintenance is one of the biggest sources of dissatisfaction with a property management company.

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Unhappy with HOA Vendors? Know Your Property Management Company’s Role (And Yours!) Before Making a Change

It takes a family of service providers to support a large residential community. Problems with on-site janitorial or concierge staff may prompt HOA boards to change management companies. Use this information to ensure a property management firm is a good fit for your HOA’s vendor needs. The janitorial and concierge vendors your property management firm

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Why Multi-Year Leases Are (Usually) a Bad Idea for Landlords

To many tenants, landlording seems like a risk-free way to basically print money, an investment approach with precious few downsides. How wrong that idea is! Veteran and neophyte landlords alike understand just how challenging and problematic a task it can become. Just consider the task of acquiring — and then retaining them. Some landlords swear that signing multi-year leases provides them with the best possible return, but does it really just open them up to more risk?

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HOA Financial Red Flags? Know When It’s Time to Change Management Firms (and How)

Fiduciary concerns are often the #1 reason HOA boards seek out a new management company. Discussion points to ensure a property management firm is a good fit for your HOA. An HOA’s decision to change property management companies typically stems from a problem—something isn’t working as it should, or perhaps there is a major project

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Common Misconceptions About HOA Management

When your condo board decides to hire a HOA management company that doesn't necessarily mean your HOA fees will rise or that there is an inherent problem that needs fixing. Sometimes, condo boards just need a bit of consultation and strategic guidance to ensure that budgeting is on the right track or to get help managing a larger construction project. Check out some of the most common HOA management myths and learn the truth about how such a company can help improve your condo community's operations.

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Janitorial Contracts: What to Consider as a Building Owner for your Commercial or Multifamily Building

Not all janitorial cleaning contracts are equal. Tenant satisfaction and post-pandemic cleaning standards are just some factors owners must consider. Commercial building tenants give little thought to janitorial services until there is a problem … a problem that may require immediate attention. Failure to deliver quality, timely janitorial services (along with basic maintenance services) creates

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Implied Repair Covenants in Commercial Leasing

The United States traces its common-law heritage back over more than a millennia, and the statutes regulating real-estate transactions have changed substantially (to put it mildly). According to a study by Paula C. Murray that was published in the University of Richmond Law Review, “The tenant bore all the risk of the physical condition of the property — caveat lessee. The tenant could provide for landlord repairs in the lease, but could not withhold rent if the landlord failed to make those repairs. Additionally, the tenant assumed primary responsibility for the condition of the premises once he took possession of the property.”

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