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Quick tips for homeowners dealing with mechanic’s liens

Quick tips for homeowners dealing with mechanic’s liens

A mechanic’s lien is a powerful legal tool that contractors and subcontractors can use to recoup their costs in case of nonpayment. While it is not often cost effective, a lienor can make a motion in court to foreclose a mechanic’s lien which could lead can result in...

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Blockchain and Commercial Real Estate

Blockchain and Commercial Real Estate

Blockchain technology is becoming more accessible to the general population through the real estate industry. The use of blockchain, and its ledger, will help real estate investments through some of their major drawbacks. Brokers and agents end up taking up to six...

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Who’s to Blame for a Building’s Financial Struggle?

Who’s to Blame for a Building’s Financial Struggle?

Finding who to blame is not always so simple. The condo owner blames the board, the board blames the management, and the management blames the city. Whose responsibility is it if the condo starts to have financial struggles? Of course it is always based on a case by...

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Solar Energy in Co-ops and Condos

Solar Energy in Co-ops and Condos

How can owners, shareholders and tenants do to limit greenhouse emissions from residential buildings? Society needs a shift to ensure that housing is both environmentally responsible and economically efficient – sustainable for the future. Ideally, co-ops and condos...

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Co-op and Condo Board Communication

Co-op and Condo Board Communication

Good communication between co-op and condo board members and the residents of the building is essential. Not only is it the key to good management and transparency, but it can prevent unwanted tension and even litigation. Board members should set time aside to...

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