Tag Archives: recent

NC Law affects foreclosures

Michael HunterThe N.C. General Assembly recently passed, and the governor signed, House Bill 165. The final bill is a stripped-down version of the original bill, which would have placed enormous administrative burdens on volunteer HOA boards and their managers.

Two sections of the bill will change how HOAs (both condominiums and planned…

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NV: Disharmony Fills Vegass Harmon Tower

Las Vegas artist Erin Stellmon recently recalled thats what she and her friend and fellow artist Justin Favela joked to one another in 2009 after hearing one of the towers – known as the Harmon – at the $9 billion CityCenter luxury development in Las Vegas would remain an empty shell.

Authors: Community Associations Network National

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FL: Low condo values hurting area cities

Condo values in Volusia have fallen further and faster than single-family homes, with median sales prices losing nearly two-thirds of their peak value before starting to stabilize recently.
That’s bad news in cities where condos are a big part of the tax base.

Authors: Community Associations Network National

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Associations and Aging Owners

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 begin addressing the age–old questions you’ll face.

Does your HOA have a role in addressing challenges that arise from an aging population? “Absolutely,” says Elizabeth White, a shareholder and head of the community associations practice at the law firm of LeClairRyan in Williamsburg, Va., who recently spoke at an industry event on the issue. “We’re starting to experience the issues related to an aging population. Baby boomers are turning 65 at enormous rate—as of Jan. 1, 2011, 10,000 people in this country are turning 65 every day.”

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