Friday, December 15, 2006

IL: If assessments are too low, reserve funds can suffer There are several reasons why some boards fail to fund reserve accounts adequately.  "The problem starts as soon as a board begins the practice of ignoring proper reserves in favor of lower assessments," said Chris Evans, president of Vanguard Community Management. 8:42:20 AM

AL: City approves McMullen Cove's move to become private subdivision Developers of the 1,400-lot subdivision in Big Cove won approval Thursday night to build it as a private subdivision. The move means it could be gated, accessible only to homeowners and guests cleared by a security checkpoint. 8:35:54 AM

NJ: Tussle pitting dog owners and lawyer back in court A dispute between neighbors over a dog urinating on a Parsip pany condominium's lawn has unleashed a lawsuit in Superior Court. 8:11:06 AM

MD: Treover residents 'in a rage' after tires slashed again A portion of the Treover Condominium complex has been the target of sporadic tire slashings since the summer of 2005, according to Treover staff and residents. 8:01:10 AM