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Month: March 2024

HOA Meeting Minutes: Templates and Requirements in MA

Meeting minutes are an essential aspect of governance and administration within Homeowners Associations (HOAs) in Massachusetts. They serve as a formal record of the discussions and decisions made during HOA board meetings, committee meetings, and general membership meetings. For property management companies, understanding the importance of meeting minutes, how to effectively prepare them, and their […]

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Navigating the New Terrain: A Condo Owner and HOA Guide to Mortgage Eligibility Changes

In recent years, the process of buying a condo has seen significant shifts, primarily due to tighter lending policies. For condo owners and Homeowner Associations (HOAs), understanding these changes is crucial to ensure smooth buying and selling transactions, and to maintain the value of your property. Let’s break down what these changes mean in simpler

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Security Deposits in Massachusetts: Everything You Need to Know

Obtaining a security deposit is common in the Massachusetts rental and real estate industry. Sadly, property damage is an unavoidable part of life for landlords and property managers. In Massachusetts, security deposits protect the owner or manager if the tenant fails to follow the lease agreement. However, there are rules and standard procedures for what

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