Resources

Times are Changing and So Are “Association Records”

Filed Under Legislative Updates

Posted June 1, 2012

You’ve no doubt read the blogs and email blasts concerning the HB 1237, which was recently signed into law by the Governor and takes affect on January 1, 2013. HB 1237 will impact various facets of association record keeping, but have you thought about what your association will need to do to comply with andGo to Resource

CCIOA Corner—Insuring Condominium Units

Filed Under Maintenance & Insurance

Posted May 1, 2012

If your association is a condominium community created after July 1, 1992 (post-CCIOA), take a look at your property insurance policy and see if the association maintains a “bare walls” policy. If so, this insurance policy may be subject to challenge regardless of what your governing documents might require. A “bare walls” policy typically coversGo to Resource

Meeting Moment – Vision, Leadership and the President’s Report

Filed Under Governance

Posted May 1, 2012

Surveys have found that speaking in public is one of many people’s top fears. Perhaps that’s one reason why, when preparing for homeowner meetings, the president usually spends most of his or her time anticipating how best to handle difficult issues, and comparatively little time preparing for the president’s report. It’s natural for a presidentGo to Resource

Collections Options for Properties Owned by LLCs, Trusts, and Estates

Filed Under Collections, Litigation

Posted May 1, 2012

Most properties are owned by individuals. Collections for unpaid assessments due from individuals generally involve lawsuits against the owners, leading to wage garnishments, bank garnishments, or tenant garnishments. However, occasionally a board is faced with attempting to collect unpaid assessments on a property owned by another type of owner, such as an LLC, a trust,Go to Resource

Contract Pitfalls

Filed Under Governance, Liabilities, Misc

Posted May 1, 2012

The art of contract negotiation is often overlooked when associations are contemplating hiring a contractor to provide a particular service or perform certain work. At the beginning of the relationship, everyone is on their best behavior and thinking that all will go according to plan. Often, boards fear insulting a contractor by pushing for aGo to Resource

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