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Community Associations Articles

Our Clients Ask Us: Collection Policy/Late Fees

Question: Our association implemented a collection policy last month after several years of not having one in place.  The policy provides that we can charge monthly late fees.  If an owner has been delinquent for two years, but we have never charged a late fee, can we go back now and charge them retroactively?

Our Clients Ask Us: Reserve Accounts

Question: Our association had a reserve study completed last year by a reserve specialist. The estimated cost to replace/repair common elements currently equates to less than 10% of our operating budget. If we set aside less than 10% of our budget for reserves, are the owners still required to vote to waive the reserve requirement?

Eye In The Sky: Drone Usage and Rules in Community Associations

Over the past few years, federal, state, and local governments have grappled with the rocketing popularity of unmanned aerial vehicles, also known as drones. The issue has also become a point of concern for some associations as they deal with the challenges and potential benefits of private drone use.

"My Pets Are My Family" - Pet Restrictions in Community Associations: Part 1

Pets are, and likely always will be, one of the most controversial topics for community associations. Many people have pets, and those that do often treat the animals as members of their family. The next several newsletters will contain tips for rule making and enforcement for pets on the premises.

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216-771-2600

Ott & Associates Co., LPA

1300 E 9th St, Suite 1520
Cleveland, OH 44114

Ph: 216-771-2600
Fx: 216-830-8939

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