Tag: Foreclosure

Many community associations today have Baby Boomer owners who are opting to stay in their homes, rather than move out to senior communities, nursing homes, or family homes. Managers and boards need to recognize and prepare for the impact this is going to have on their communities. For starters, it can be difficult in general…

Many community associations today have Baby Boomer owners who are opting to stay in their homes, rather than move out to senior communities, nursing homes, or family homes. Managers and boards need to recognize and prepare for the impact this is going to have on their communities. Property Adjustments For starters, it can be difficult…

Community associations may find their hands tied when pursuing unpaid fines and fees due to a controversial new state law. Under the new law, which was enacted earlier this year, Colorado now prohibits community associations from seeking foreclosures against owners based solely on unpaid fines. Even if you’re not in Colorado, take note because our…

Colorado HOAs are prohibited from seeking foreclosures against owners based solely on unpaid fines under a new law enacted earlier this year. The law includes additional provisions that will tie associations’ hands in some significant ways when pursuing fines and fees. The Impetus According to The Denver Post, the law is intended in part to…

A Florida HOA didn’t provide an owner it was trying to foreclose on with documents required by the declaration. The result? The case is going to trial. The HOA filed a foreclosure action against an owner, alleging that he hadn’t paid outstanding quarterly assessments and costs. It asked the court to rule in its favor…

A Florida HOA didn’t provide an owner it was trying to foreclose on with documents required by the declaration. The result? The case is going to trial (Pash v. Mahogany Way Homeowners Ass’n). Read on to learn some important lessons about how to handle foreclosures. Budget Procedures Matter The HOA filed a foreclosure action against…

Community associations often drag their feet when it comes to filing liens against delinquent owners. The reluctance can be understandable — who, for example, wants to take such a step against a neighbor who has lost a job or racked up medical bills? But this reluctance can prove costly, as one Nevada association recently learned…

Community associations often drag their feet when it comes to filing liens against delinquent owners. The reluctance can be understandable — who, for example, wants to take such a step against a neighbor who has lost a job or racked up medical bills? But this reluctance can prove costly, as one Nevada association recently learned…

Owner requests to get around pet restrictions with service animals are nothing new, yet associations continue to struggle with how best to handle them. We’ll tell you about a new case that make clear how costly this can prove, not just for associations but also for management companies. “In this case, the HOA did everything…

From peacocks and pigs to turkeys and skunks, people seem to eat up stories about unusual animal aides. They’re often less amused, though, when their neighbors want community association rules bent for their service animals. A recent case out of Nevada illustrates the potentially steep costs for associations, board members, and management companies of hastily…