Q: I am on the board of directors of our 125-unit condominium. There are a large number of pets in the complex, and I am unable to locate any rules that previous boards might have adopted regarding pets. Can our board create rules? Originally from Community Associations Network National
“Its like a second job,” said Joseph Iacono, the president of the board of a newly self-managed condo on 19th Street in the Flatiron district. “Some agency is always sending some notice that someone has to deal with. Guess who gets to deal with that?” Originally from Community Associations Network National
More than 200 people have been out of their condominiums for 12 days after a transformer fire. They were supposed have been displaced for a few days, at most, but a lack of funding continues to delay repairs. Originally from Community Associations Network National
The condo craze exploded in the Las Vegas valley just a few years back, but now with the foreclosure crises, people aren’t buying into condos when housing prices are so low. It leaves condos floundering with too much inventory. Originally from Community Associations Network National
A South Florida condominium converter who was renting out units but ducking his maintenance fees has been ordered to turn over ownership of 15 units to the condo association, plus rent checks that had been improperly collected. Originally from Community Associations Network National
Seth Heller’s job description is “professional receiver.” But to some condominium owners and their financially-struggling associations, he might as well be called a super hero. Originally from Community Associations Network National
The Housing Authority recently purchased 14 condominiums with the intent of turning them into subsidized housing, a move that outraged residents who paid full price and are now worried about their property values. Originally from Community Associations Network National
Q: I am on the board of directors of our 125-unit condominium. There are a large number of pets in the complex, and I am unable to locate any rules that previous boards might have adopted regarding pets. Can our board create rules? Originally from Community Associations Network National
Oh, one more thing. If your condo isn’t FHA approved, you should see what your condo board is doing to obtain approval. That is the most attractive form of financing right now for condos, and absent that, sales will be more difficult and/or at lower prices. Originally from National Community Associations News
For Sheldon Behr, buying a condo in Century Village East has meant the chance to live out his retirement years with other older adults who enjoy golf, long walks and comedy nights at the clubhouse. But with the financial crisis deepening and the housing market stalled, a growing number of units at the 55-and-over community [...]
