Sunday, February 04, 2007

FL: New law should help rein in insurance increases A commercial self-insurance fund can now be formed by a not-for-profit group comprised of one or more community associations responsible for operating at least 50 residential parcels or units, including condominium, cooperative and/or homeowner associations. The group must be organized and maintained for the purpose of pooling and spreading the liabilities of its group members relating to property or casualty risk or surety. 10:43:54 AM

MT: Developer sued by homeowners A lawsuit alleging fraud, misappropriation of funds and racketeering has been filed against Ken Vidar of Manhattan, developer of the Gallatin River Ranch. 10:41:49 AM

NJ: Disabled residents have law on their side The dispute illustrates an issue often faced by landlords and condo and co-op boards: How can they accommodate the needs of disabled residents while being fair to everyone else? 10:38:31 AM

AZ: Sun City Grand hopes for a lift Pulte Homes markets the retirement village as an "active adult community." However, to maintain the development's youthful image, resell more homes and keep healthy property values, homeowners are now on the fast track to lowering the community's resale age restriction from 55 to 45. 10:35:59 AM