As we are moving into colder weather, many board members start to worry about vacant homes within the association. Specifically, what type of precautions the association should take in order to avoid a pipe freezing, or other damage occurring to a home as the result of sub-zero temperatures. This...
Federal bankruptcy laws are intended to provide debtors with a fresh start. When a property owner files bankruptcy, federal bankruptcy law imposes an automatic stay on all collection activities, including foreclosure. All “pre-petition” debts (the amount owed at the time of the bankruptcy filing) are handled through the bankruptcy...
Imagine, if you will, that you are a board member of a homeowner association, where all common elements are owned by the association. One day your board discovers that all of the association’s common elements, including all of your privately owned streets, parking areas, green space, gardens, and other...