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The federal government has made a major change to beneficial ownership information (BOI) reporting; one that should simplify compliance for many condominium and homeowners associations.
On August 11, 2026, the U.S. Department of the Treasury announced that the Financial Crimes Enforcement Network (FinCEN) has finalized a rule eliminating BOI reporting requirements for U.S.-formed companies and U.S. persons.
Condominium associations rely on several key parties to keep communities operating effectively. Understanding these different roles can help reduce confusion and improve communication within the community.
For many condominium associations, board meetings are where important decisions are made, but they can also become a source of frustration. Meetings that run too long, wander off topic, or end without clear action items often leave board members exhausted and homeowners feeling unheard. The good news? Productive board meetings aren't about meeting longer – they're about meeting smarter.
Here are four strategies to help your association reduce board meeting burnout while making better decisions for your community.
While summer isn't over yet, the end of July is the perfect time for condominium associations to start preparing their buildings for the changing seasons. Addressing maintenance projects now can help avoid costly repairs later, improve resident satisfaction, and make fall budgeting much easier.