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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
Bankruptcy And Its Effect On Collecting Association Assessments
An Overview These materials concern themselves mainly with the effect of a bankruptcy on a homeowner association’s ability to collect its assessments. Put another way, the object of these materials is to acquaint association managers and Board Members with the skills that will be necessary to determine whether a delinquent debt will still be collectibleGo to Resource
District Court Process
A Litigation Overview and What to Expect in Litigation
I. Overview of the Process Litigation is an inevitable part of community association operations. Yet many community association board members and managers have concerns or even fears about litigation. The purpose of this article is to provide education and guidance about the litigation process. Demystifying some of the process and procedures will help participants effectivelyGo to Resource