** Originally Published on: Sep 15, 2011 ** We have compiled a list of common legal terms to assist managers and board members with understanding the terminology used when discussing the collection of unpaid assessments. Assessment: The fee an owner is required to pay to the association, typically monthly, quarterly, semi-annually, or annually for suchGo to Resource
Litigation Resources
**Originally Posted on Sep 15, 2011** Introduction A receivership is the court ordered appointment of a rental manager for a property. The receiver (rental manager) is a disinterested person who manages the rental of the property, collects the rents and disburses the rents according to a court’s orders. The receiver should be experienced andGo to Resource
A manager’s responsibility includes risk management. There are many components to risk management, most of which are on the anticipatory or preventative side. But there are post-incident techniques and practices that should be followed. This article addresses post-incident practices involving a slip and fall or trip and fall accident. The basic goal is to gatherGo to Resource
Community managers frequently ask about their role in a trial. They also want to know how to best prepare and present themselves in the unfamiliar setting of a court room. The purpose of this article is to provide some guidance on these topics. If I were to distill the answer to these questions downGo to Resource
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