A North Carolina homeowners association recently discovered it is not immune from theft despite its efforts to minimize the risk of embezzlement. The Parkwood Homeowners Association lost between $150,000 and $200,000 over a 2 ½ year period when it discovered its office administrator was using debit cards linked to the Association’s checking accountGo to Resource
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It appears the fall-out of condominium communities losing or not renewing their FHA certifications is now beginning to hit associations. We are starting to experience a notable increase in calls from managers, board members, mortgagees, brokers, and owners in the past month concerned and/or upset about the FHA certification process. Most associations thatGo to Resource
Wind has wreaked havoc across Colorado over the past week, peaking at more than 100 mph in some areas across the Front Range. The powerful gusts have caused a variety of damage to trees, homes, and other buildings. Our office has been getting a lot of calls about trees falling on property ownedGo to Resource
In many ways starting a new business venture is the functional equivalent of a marriage between business partners. In a recent article, Valerie Khoo outlines the Perils of Business Partnerships and discusses the following seven stages for consideration when contemplating a potential business partnership: Stage 1: Pre-Marriage Counseling. This is the preliminary stageGo to Resource
Andrew Fortin recently met with the Acting Head of FHA, Carol Galente and reports that there is some positive movement on the issues that CAI has been raising with FHA related to the condominium project approval process and standards. Click here to read more about the details of this meeting. And, as alwaysGo to Resource