BROKER BEWARE: 8 EASY STEPS TO MANAGE RISK
Real estate transactions can be fraught with risk. By following these eight simple steps, you can significantly reduce your liability, manage the risk of potential litigation and make your clients happier. Review fair housing rules and treat all prospects, customers and clients honestly, fairly and equally. Keep meticulous records of all communication throughout your […]
DISPATCHES FROM THE FRONT: FIRST COAST NEWS: Spencer’s Plantation HOA Board, residents entangled in ugly fight
By Ken Amaro July 9, 2015, ORANGE PARK, Fla.– There are 222 homes in Spencer’s Plantation and some of those homeowners are in a fight with the Homeowners Association board. “It is a dictatorship,” said resident Stacia Hood. First Coast News met with about ten families on Wednesday evening to hear their concerns. “Your HOA […]
Time For Community-Governed Associations To Wake Up And Smell The Coffee!
Reprint from California Association of Community Manager’s (CACM) 2015 Summer Edition of Vision Magazine. By: Vicki MacHale, CCAM, CMCA In 1978, Proposition 13, The People’s Initiative to Limit Property Taxation, passed within the State of California. This proposition limited the manner in which municipalities could assess property taxes. With the gravy train at an end, […]
BROKER BEWARE: LAWSUIT FILED AGAINST LISTING BROKER FOR NONDISCLOSURE
Being sued is everyone’s worst nightmare. According to a Realtor.com article: A Florida appellate court has considered whether a purchaser’s lawsuit adequately stated claims against a listing broker for failing to disclose latent defects on the property. Paul and Mary Cummings (“Sellers”) entered into a contract to sell their townhouse condominium to Erik and Carol […]
35 Ways To BULLETPROOF Your Condo Association
Over the past few weeks, we’ve discussed what ALL board members and officers of community associations in America should read: the 35-point bulletproof list of financial procedures detailed in “Escaping Condo Jail“, and consider it a survival manual. Divided into four segments: Inheriting Old Books Guarding and Vigilance Cyberbanking Procedures Efficiency Maximization and Return […]
How To Bulletproof Your Association’s Biggest Asset: The Money (Pt. 4)
This is our four part discussion of what ALL board members and officers of community associations in America should read: the 35-point bulletproof list of financial procedures detailed in “Escaping Condo Jail“, and consider it a survival manual. It is divided into four segments: Inheriting Old Books Guarding and Vigilance Cyberbanking Procedures Efficiency Maximization and […]
How To Bulletproof Your Association’s Biggest Asset: The Money (Pt. 3)
This is our four part discussion of what ALL board members and officers of community associations in America should read: the 35-point bulletproof list of financial procedures detailed in “Escaping Condo Jail“, and consider it a survival manual. It is divided into four segments: Inheriting Old Books Guarding and Vigilance Cyberbanking Procedures Efficiency Maximization and […]
How To Bulletproof Your Association’s Biggest Asset: The Money (Pt. 2)
This is our four part discussion of what ALL board members and officers of community associations in America should read: the 35-point bulletproof list of financial procedures detailed in “Escaping Condo Jail“, and consider it a survival manual. It is divided into four segments: Inheriting Old Books Guarding and Vigilance Cyberbanking Procedures Efficiency […]
How To Bulletproof Your Association’s Biggest Asset: The Money (Pt. 1)
If you are elected treasurer of your community association and accept the challenge, there are many policies and procedures you will need to learn before you start planning budgets, collecting assessments, and signing checks. Board members and officers of all community associations in America should read the 35-point list of financial procedures detailed in “Escaping […]
10 Things To Know BEFORE You BUY a Condo
A new Illinois law designed to educate consumers on their rights as condo owners, and provide policies to help mediate disputes between owners and associations recently was signed by outgoing Gov. Pat Quinn. The law calls for an ombudsman’s office to offer education materials and training to unit owners, associations and condo boards. Unfortunately, that […]