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To avoid getting locked into a bad contract, boards must carefully review the contract with an eagle eye, be aware of the scaffold law, and do their homework to ensure they are hiring a quality contractor.

Construction contracts can be complex and often favor contractors, but boards can negotiate cost controls, proper insurance, and retainage to ensure a successful project.

When reviewing a management contract, define the scope of tasks clearly, set limits on financial autonomy, examine termination terms, and document performance issues for renegotiation.

Laundry room contracts can often contain clauses that benefit the laundry company, at the expense of the board.

Getting locked into a maintenance contract can be costly down the road.

Signing on with a new management team.

Carefully looking into a vendor’s past can reveal something crooked in the present.

A co-op board asks for advice regarding a major alteration of an apartment with no apparent end in sight..

32BJ workers and owner reps are at the table again. The outcome will affect your building’s bottom line.

Problems arise when a contractor does not complete his duties because of a weak contract.