One of the most prevalent reasons FHA (re)certifications get rejected these days is centered on short-term rentals. Pursuant to Section 513 of the National Housing Act, FHA mortgage insurance may not be issued for any housing that will be or may be used for transient or hotel purposes. This requirement has been theGo to Resource
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As the struggle continues for condominium associations to become FHA certified or FHA re-certified, the FHA continues rejecting many condominium communities based on the leasing provisions in their governing documents. The latest bout of rejections has been based on the FHA finding that certain leasing provisions, although not a problem with respect toGo to Resource
Imagine if you could book a flight from San Francisco to New York in a plane that was powered completely by the sun. Or, visualize flying in that same plane on an overnight flight using solar energy harnessed the day before. This is no dream. A little over a week ago two pilotsGo to Resource
Colorado community associations need to pay attention to the growing number of electric vehicles (EVs) being driven today. According to a new report from Pike Research, annual worldwide sales of EVs will reach 3.8 million by 2020. Owners of these EVs will need an external power station to charge their vehicles. And, underGo to Resource
In most communities, it’s a fairly standard assumption that the board of directors cannot please all the residents all of the time, and will upset an owner or resident at some point in time. It is also fairly normal for these types of disputes to grow into shouting matches at meetings, outrageous accusationsGo to Resource