Tag Archives: provide

How to Revise Your HOA’s Rules

So what do you and your homeowners association board of directors need to know about revising rules? When do you need to consult with owners, and when can you just go forward without notice? And even if your state law or governing documents don’t require you to provide notice, do you need to consider the message you’re sending when you revise rule…

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Homeowner Associations and Aging Owners: What HOA Boards Should Know

As the population ages, your home owner association will likely face new challenges. What should your HOA board know about maintaining elderly owners’ rights and privacy if they begin suffering from dementia, physical incapacitation, or inadequate support while preserving the rights of those owners’ neighbors? Here, we provide guidance to help you…

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FHA Issues Waiver on Leasing Restrictions

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

Leasing restrictions have been one area of the FHA condominium guidelines that has caused problems for associations seeking to get FHA approvals. CAI has brought this issue to FHA’s attention and has petitioned FHA to review these criteria. On March 18, 2011, FHA issued a waiver that will provide greater flexibility on leasing restrictions under the FHA condominium insurance program. This means that many condominium associations whose FHA approval was rejected due to rental restrictions may now qualify under the FHA waiver
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