Tag Archives: list

Must vendor contracts be disclosed to HOA members?

Mike HunterQ: I am on my HOA’s board of directors. From time to time HOA members request HOA information, and I know under N.C. laws that nonprofit corporations must maintain certain records and make them available for inspection by HOA members. Do executed contracts between the HOA and vendors fall under this right to inspection? I am all for openness and transparency in HOA affairs, but I also have a duty to properly manage the affairs of the HOA. I want to be sure before allowing a member to inspect a contract.

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How to Organize an HOA Block Party

Neighbors used to be best of friends. They plan vacation together and they are comfortable when their children are next door. However, that closeness is no longer present in most neighborhoods today. Families are too busy to even get to know their neighbors better. Some do not even bother to welcome new movers in the community. This is because of the demands of time. A stop at a neighbor’s door to make an introduction seems like a waste of time. If you do not want this to happen to your community, why not organize a neighborhood block party?
 
Organizing a neighborhood block party is not easy. However, with a few tricks, you will surely pull it off. Here are some tips.

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Five Questions for The U.S. Department of Housing and Urban Development

In December, Federal Housing Administration approval of condominiums began to expire.  FHA approved mortgages account for an estimated 40 percent of financing in condominiums.  Without FHA approval, owners may have a hard time selling their units.  HUD is administering the new approval process and insurance requirements, which are set forth by Mortgagee Letter 2009-46 B.

 

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