Tag Archives: part

CONDOMINIUM INSURANCE – WHO COVERS WHAT?

Most condominium association’s “Declaration of the Condominium” (hereinafter referred to as declaration) follow the wording of Chapter 47C of the North Carolina Condominium Act with regard to the definitions of “common elements” and “units”.  The Declaration specifies what insurance is to be provided by the association and what insurance is to be provided by the unit owners.In the statute, 47C-2-102, Unit boundaries it says: “Except as provided by the declaration:

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Charlotte homeowners ask for HOA management company be investigated

PLEASE NOTE, COMMUNITY ASSOCIATION MANAGEMENT, LIMITED IS IN NO WAY AFFILIATED WITH CAM or Carolina Association Management listed in this news story.

 

CHARLOTTE, N.C. —

Some Charlotte homeowners asked that their homeowners association management company be investigated.

The homeowners said that they have paid dues for years when they weren’t even part of the homeowners association.

Eyewitness News found that their manager has had problems before.

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Beware Conflicts When You Hire Board Members’ Companies–Part 2

When you recruit people to serve on your HOA board, experts recommend that you look for people–like lawyers and insurance brokers–with expertise that can help you make good decisions.

Can you take that concept a step further and hire those board members or their companies when your association needs help? For example, if one of your board members is an association attorney, can you hire that board member’s firm to represent your association in a legal matter? What about hiring a board member who’s a CPA to file your association’s tax returns?

In this two-article series, we provide a rundown. In Part 1, we discussed the hoops you must go through to hire board members and their companies. Here in Part 2, we discuss whether those hoops are worth the effort.Should You Hire Board Members?

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Beware Conflicts When You Hire Board Members’ Companies-Part 1

When you recruit people to serve on your HOA board, experts recommend that you look for people–like lawyers and insurance brokers–with expertise that can help you make good decisions.

Can you take that concept a step further and hire those board members or their companies when your association needs help? For example, if one of your board members is an association attorney, can you hire that board member’s firm to represent your association in a legal matter? What about hiring a board member who’s a CPA to file your association’s tax returns?

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