9:00AM Board Concerns RE: Trust Ownership

Board members and managing agents will appreciate this discussion by Peter R. Massa of concerns the board should address when an owner seeks to transfer a unit to (or purchase it by) a trust or other entity. What are the risks? What restrictions might the board consider imposing? What is the typical procedure a board should follow when an individual desires to transfer his or her apartment to a trust? Sample forms of agreement will be provided and discussed.

Speaker:
Peter R. Massa, Partner, Fox Rothschild

11:15AM Best Practices for Co-op & Condo Boards

How do the best and most efficient boards run their buildings? Coordinate with Management? Conduct their meetings? Oversee the well-being of their community? What are the essential documents that every board member should understand? When and how are professional advisors best used? Join attorney Andrew Brucker, property management consultant Michael Wolfe, who chairs the Resident Management Council at the Real Estate Board of New York and accountant Rick Montanye for a discussion of best practices for efficient, effective leadership of your cooperative or condominium.

Speaker:
Andrew P. Brucker, Partner, Fox Rothschild
Michael Wolfe, Property Management Consultant and Chair of Resident Management Council, Real Estate Board of New York
Rick Montanye, Accountant, Marin & Montanye

11:15AM Updating Your Cooperative's Corporate Documents

The governing documents of your cooperative can become stale and frozen in time if they are not periodically updated to reflect new or changed policies that the board has adopted, required compliance with the myriad of local laws and adaptation to the use of gadgets, instruments and procedures that simply didn't exist when first the building became a cooperative. Attorneys Julie Schechter and Rob Braverman will provide clear guidelines for compiling new information, reviewing and updating your documents, securing necessary resident support for amendments and disseminating new policies and forms.

Speakers:
Julie Schechter, Partner, Fox Rothschild
Rob Braverman, Managing Partner, Braverman Greenspun

3:00PM Keeping Residents Informed

In today’s information-focused world, shareholders and unit owners expect to be kept informed and to have procedures for quickly bringing their questions to the attention of building staff, management and board members and getting answers. Covid underscored the need for clear communications and for employing multiple ways to deliver messages to try to keep everyone well informed. Communications professional Lloyd Chrein, attorney Julie Schechter and property management company principal Mark Levine will present ways to maintain open and effective lines of communication, including written communications, social media and on-site communication techniques. They will consider possible uses of Artificial Intelligence (including ChatGPT and other available tools) for use in communication and research.

Speakers:
Lloyd Chrein, Communications Profesisonal, Chrein and Earth Hero
Julie Schechter, Partner, Fox Rothschild

Please note there is a cost to attend. CLE credits are available.