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Entries Tagged ‘need’

Condo Contents Insurance – What You Need to Know

I am buying a condo. Is there a Federal requirement that a borrower have insurance coverage of at least 20 percent of fair market value on contents in order to qualify for a loan? Originally from Community Associations Network National

FL: Condo folks need a break from eviction ordeal

Given the severity of the problems caused by water damage potentially compromising the building’s stability, you’d think someone would’ve alerted the city long ago. On the other hand, according to a city building official, they’re prohibited by state law from conducting on-site inspections during construction of buildings four stories or higher Originally from Community Associations [...]

CA: Electric Vehicles: What You Need to Know About Home Charging

“If you live in an apartment or condo, you need to start having the discussion about EV charging with your landlord or homeowners’ association,” said Chelsea Sexton, an electric vehicle marketing expert. “Or have the conversation with your workplace. You need a reliable place for day-to-day charging, and if it’s not at home it ought [...]

NC: Residents need better control over HOAs

Do you live in a planned community? Most housing/condominium developments in North Carolina are and will be planned communities. Within these communities the most powerful organization is the homeowners association. Originally from Community Associations Network National

MD: Condo residents fight for immigrant chief engineer they love – and need

For 15 years, Marco Antonio Rua fixed toilets, replaced broken pipes and answered desperate midnight calls from residents of the Wisconsin, a 204-unit condominium in North Bethesda. Originally from Community Associations Network National

KY: The new KY Condo Law, what you need to know

Last year lawmakers passed the Kentucky Condominium Act. While the new law does not force associations to shore up their finances, it aims at making information about their health more transparent. Originally from Community Associations Network National

Natural Disasters Underscore Need for HOA Disaster Plan

These days, when tornado sirens blare, condo owners in Judy Rosen’s 70-unit St. Louis high-rise go straight to the building’s underground, windowless garage and huddle in the center. Originally from Community Associations Network National

CO: Vail Law:Colorado condo owners need to speak ‘Kiowa’

The Colorado Common Interest Ownership Act (the acronym, CCIOA, is pronounced “Kiowa”), as one might suspect, pertains to common interest communities. But, what is a common interest community? Originally from Community Associations Network National

IL: Associations need to save money in a bad economy

Saving money should always be the policy for most condo associations, but now it is on people’s minds more than ever Originally from Community Associations Network National

Condo Contents Insurance – What You Need to Know

I am buying a condo. Is there a Federal requirement that a borrower have insurance coverage of at least 20 percent of fair market value on contents in order to qualify for a loan? Originally from Community Associations Network National

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