DISPATCHES FROM THE FRONT: NEVADA LAWYER DEFRAUDS HOA OUT OF MORE THAN $1M IN “DESPICABLE” SCHEME
Las Vegas Review-Journal: Lawyer who stole $1M from clients gets eight more years in prison By Jeff German August 13, 2015 Suspended attorney Barry Levinson, a convicted player in the scheme to take over and defraud homeowners associations, was handed a second stiff prison sentence Thursday, this time for stealing more than $1.1 million from […]
DISPATCHES FROM THE FRONT: REAL ESTATE AGENTS, HOAs & LAWSUITS, OH MY!
Las Vegas Review-Journal: Real estate agents, HOAs battle over liens By Jennifer Robison July 25, 2015 It’s a Nevada Supreme Court decision that didn’t resolve much. The court’s September ruling in SFR Investments Pool 1 LLC v. U.S. Bank gave homeowner associations the right to wipe out entire mortgages through foreclosures for late dues. But […]
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, […]
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 […]
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 […]