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Monday, November 13, 2006 |
By buying into a condo association, the homeowner agrees to abide by the community's established guidelines. This involves "voluntarily sacrificing certain freedoms, all for the cause of protecting communal property values and reducing nuisances."
11:56:01 AM 
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Now two bills in the state legislature propose to add new regulations for associations, making them accountable for their conduct much like mini-governments, and standardizing requirements ranging from board member elections to the recording of deeds.
10:52:22 AM
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Longtime Denver condo owners hope to get in on a nationwide trend by capitalizing on their proximity to transit lines. By joining forces to sell their property for development, they stand to make much more than if each sold individually.
10:44:23 AM
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Investors who bought presale units to flip and got stuck with them after 2005's Hurricane Katrina are now renting the units until the soft market improves, Realtors say.
10:42:39 AM
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Twenty years ago, California had 7,000 homeowner associations, as the number of people moving into condominiums and similar "common-interest" developments started to soar. Today, there are about 43,000 such associations, or HOAs, with 8.5 million to 10 million Californians living in such developments, industry sources estimate.
10:41:40 AM
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As more owners want to make residences available to renters, condominium and homeowners' associations are having to decide whether to allow rentals.
10:35:18 AM
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In research done in conjunction with the Mortgage Bankers Association and the Radian Group credit risk management company, Engelhardt found that only a small proportion of older Americans have second residences.
10:22:59 AM
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Consumer technology is making its way into the enterprise, and IT managers need to get on board by planning for its integration. "It's terrifying," said Bruce D. Boyce, IT director at residential and commercial property manager Legum & Norman Inc. in Alexandria, Va.
10:14:33 AM
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© Copyright 2006 Community Associations Network.
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