The "A" word—assessments—takes center stage in Habitat's April issue. With many co-ops and condos following this financial strategy, our April coverage tackles the essential knowledge every board needs: how to assess, when to assess, and who to assess.

But even meticulously planned assessments and board decisions can go catastrophically wrong. This month we’re reporting a cautionary tale on what can happen when a board’s decision-making is challenged and found to be flawed. A scary outcome that reminds all boards about their fiduciary duty and why you should cling to it.

House rules may not carry the same legal dangers, but outdated regulations still demand attention. If your building's rules still feature typewriter font, it's time for modernization. Read these features and more in our Legal Talk, Smart Moves, and Problem Solved columns in the digital edition!