It may be difficult to believe, but the Holiday Season is right around the corner. With the holidays coming up, owners will be adorning their homes, lawns, balconies, and patios with holiday decorations
As volunteer Board Members for your Association, we realize many of you have never dealt with analyzing financial reports, collecting money owed, following guidelines set forth in governing documents, or any of the numerous other duties and tasks Board Members are called upon to complete.
It happens to all Board Members: you volunteer to be on your Association’s Board, and after a few years of devoting your time and energy to the Association, you decide that it is someone else’s turn to contribute by serving as a Board Member. But what happens when no one is willing to be a Board Member?
Full, printable version of our July-August Newsletter!
At some point, each of you may likely have received a letter and some paperwork from our office about the Statutory Agent. Just what is a Statutory Agent, and why does this paperwork need to be filed, anyway?
Whether it’s the loss of a job or the accumulation of too much debt, individuals continue to look to bankruptcy for an opportunity for a fresh start. What does that mean for the Association if an owner files for bankruptcy?
Question: Our Association is involved in pending litigation, and we have reached a tentative settlement with the opposing party. We need to vote on approving the settlement; however, one of our board members is out of the country and cannot be reached at this time. Can the 4 out of 5 board members just vote to approve the settlement?
Until a few years ago, the answer to this question was generally no. While the Association could generally prevent smoking in the indoor common elements, the Association was generally powerless to attempt to prohibit smoking in outdoor common elements or within the units.
Clients often ask us about Fair Housing Administration (FHA) backed loans: What are they? Who can get them? And what do they mean for an association? There are many misconceptions about what exactly an FHA backed loan entails.
Many Associations limit the types of signs that may be posted on the property. In a case out of New Jersey, a group of owners sued their association alleging violation of their rights to free speech and expression.
1300 E 9th St, Suite 1520
Cleveland, OH 44114
Ph: 216-771-2600
Fx: 216-830-8939
