For any condominium community that needs to become FHA certified or recertified, FHA requirements are about to become more difficult again. As of September 1, 2014, the temporary FHA condominium approval guidelines are no more unless extended by the FHA. Pursuant to the current temporary guidelines, condominium projects applying for certification or recertification mustGo to Resource
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Occasionally associations consider seeking 501(c) status from the Internal Revenue Service. There are many reasons to do so depending on the objectives of the associations. However, in this interesting article published by Forbes you can see why the decision should be made carefully and with the guidance of professionals.
Early yesterday CAI National issues a call to action regarding H.R. 4969, a bill that if passed could invalidate community association rules and architectural standards that govern the installation and use of amateur radio towers and antennas. The bill as written would allow homeowners who want to install a radio tower or antenna forGo to Resource
We have learned that there is a scam being perpetuated on owners in community associations. Owners are receiving a mailing which indicates that if they are paying HOA fees through a bill-pay service they should “pay particular attention to the remittance instructions. Our remittance address for payments has changed and it is imperativeGo to Resource
The Colorado Secretary of State recently issued a Notice of Possibly Deceptive Solicitation. The Notice warns Colorado businesses which are being targeted by solicitations titled “Annual Minutes Requirement Statement Directors and Shareholders.” The solicitation offers to prepare documents to satisfy the annual minutes requirement for a $125.00 fee. Although corporations in Colorado areGo to Resource