Community associations often face competing priorities when it comes to governance, maintenance and risk management to name two. While most boards understand the importance of addressing these issues, deciding how to proceed is not always straightforward. Below are common challenges associations face, along with two potential solutions, and guidance on when each may be mostGo to Resource
Newsletter
At Altitude Community Law, it’s important that we keep our clients up to date with the most recent information in the community association industry. As part of our educational strategies, our newsletters and blogs will give you deeper insight into the intricacies of community association law. We believe that the right attitude stems from being well versed in the knowledge necessary for community association operations, governance, and enforcement.
Below, check out the most recent news and in-depth insight by our Altitude Team:
The days of the wild west are gone with respect to association compliance with both the law and individual governing documents. The legislature is now heavily involved in governance of communities and the courts are leaning towards a stricter construction when applying the law. Associations seemingly no longer have the ability to argue substantial complianceGo to Resource
Drafting enforceable association rules is a form of art. It’s an art in the sense that you have to know when it’s too much, when it’s too little, when it needs clarification, and when it conflicts with the law. For these reasons, most HOA legal practitioners recommend that draft rules be reviewed by legal counselGo to Resource
Since the COVID-19 pandemic, the way meetings are held has changed and virtual meetings have become the norm. The majority of meetings we attend in the community association industry in any given week are virtual, held on different platforms, such as Zoom, Teams, Webex, etc. As we have become more accustomed to virtual meetings, itGo to Resource
Unexpected expenses arise; deferred maintenance occurs; life happens. When life happens to an association it usually happens on a large scale. This can leave an association scrambling for funds. While there are several funding options such as increases in annual assessments, one-time special assessments, use of reserves funds, or a bank loan, not all optionsGo to Resource