Is it my imagination or are people getting less patient, more critical, more demanding, and less understanding? It seems over the last few years boards have been criticized and admonished more, while being appreciated and understood less. No wonder it’s becoming more and more difficult to fill board vacancies. After all, why would someone volunteerGo to Resource
Governance Resources
The term “conflict of interest” is used often and quite loosely in the HOA industry. But did you know “conflict of interest” actually has a legal definition? More particularly, the definition is set forth in the Revised Nonprofit Corporations Act (“Nonprofit Act”), which definition is specifically referenced in and adopted by CCIOA. Pursuant to SectionGo to Resource
Has your community ever been accused of discriminating? Or perhaps someone even brought discrimination charges against your association? Unfortunately, discrimination is the “in thing” nowadays and no association is immune. So what is an association to do in order to protect itself? Perhaps the most crucial step you can take is to arm yourself withGo to Resource
FHA Condominium Certifications: The Requirements and Prohibitions
Introduction The Federal Housing Administration (“FHA”) is a government-owned insurance company that insures home loans for buyers who cannot afford a conventional down payment or prefer to use their available funds in other ways. In other words, a FHA backed loan allows a home buyer to purchase the home with a smaller down payment thanGo to Resource
Associations are oftentimes confused with the police. After all, it is not atypical for community managers or board members to receive calls from owners complaining about crime in their communities and demanding the associations do something about it. Whether it’s alleged drug use, car theft, or domestic violence, associations seem to be the first placeGo to Resource