Sep 01

The ACLU has intervened for a man whose homeowner’s association told him he cannot fly a “Don’t Tread On Me” flag outside his home. The Avalon Village Community Association threatened to fine the man unless he removed the “Gadsden flag,” which the HOA allegedly called “debris.”

via Courthouse News Service.

Aug 19

I am a condominium owner. Our homeowners association is being sued by a former gardener who claims her firing was an act of sex discrimination. What are the ramifications of this lawsuit for me? Will an insurance policy cover me for any financial loss? I also suspect there may be a political battle going on involving the present board, a former board member and the property management company regarding this problem. Who is liable for damages?

via latimes.com.

Jul 15

After getting the offer accepted, we received the association docs.  Needless to say that I was dragging my feet on reading this 117 page document over the weekend.  My customer, being an attorney, dove right in.  Deep within the document were the “rental rules”, which went on to say  that a unit in that association may only be rented if the owner lived in the unit for at least 1 year prior to renting it.  [Insert gnashing of teeth by me,  here].

via Investment Property Blog.

Jul 05

A trio of condo developments — one small, one medium and one large — announced price cuts recently as the market readjusts in a post-tax credit market and lenders show their nervousness about the summer selling season.

via chicagotribune.com.

Jun 13

The slumping real estate market has offered opportunities to savvy land investors, but a group of condo owners in Oklahoma said they got the raw end of someone else's bargain when they found that they couldn't access the driveway in front of their building.

via ABC News.

May 02

80+ proud owners in the Riverwalk at Redmond Washington condo complex have had enough and are ready to bail, en masse.

via Mish’s Global Economic Trend Analysis

Mar 08

Revenue-starved condominium and homeowners associations struggling to keep the taps running and the lawns mowed have found a novel way to squeeze money from units that don’t pay what they owe.

via MiamiHerald.com.

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Feb 21

Homeowners associations and rental property owners are evaluating their policies surrounding secondhand smoke as laws and attitudes across the country evolve.

via Multifamily Insiders

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