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What’s Happening with Condo/HOA Insurance in California, and Will It Spread?

Insurers have begun to decline to insure or decline to renew coverage for California community associations, citing huge losses from disasters. And California isn’t the only state seeing condo/HOA insurers get skittish and pricey. Here’s what you need to know. The Crisis in The Golden State It’s fire insurance that’s causing problems in California, reports…
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Solutions for a Community “Dangerously” Disrupted by an Adult Child of Owners

A reader asks: “We have a resident who’s a full-grown adult and lives with his elderly parents, who are the owners. He has started to harass and threaten several other residents, calls out from the parking lot, or verbally assaults people in the parking lot. He’s drunk most of the time and has been arrested…
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The 50-Year Roof Life Span: Hello, Condo/HOA Breach of Fiduciary Duty Lawsuit!

A Florida condo board seems to be saying “wink, wink, nudge, nudge” as they’ve included in their reserve study a life span of 50 years for their roof. Perhaps they truly believe their roof is made of materials that will last that long. Or what seems possible, and perhaps even more likely, is that they’re…
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Is Your Condo/HOA Board Taking the Investor-Control Risk Seriously Enough?

The New York Times reports on yet another condo community that was gobbled up by investors and eventually deconverted, pushing the final owner holdout to sell, which they claim would be at a big loss from their fair market value. One of our experts, Scott D. Weiss, CCAL, a community association lawyer at Ortale Kelley…
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HOA Owner Wins Board Seat Then Puts House on the Market: Should You Care?

We recently got a question from a manager, not a board member. But we’re happy to help everyone involved in our condo/HOA world. Here’s the query: “I’m the property manager for a historic condo building in center city Philadelphia. We recently ran our board elections but after the vote found that one of the owners…
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Motor Trend Takes Aim at Condo/HOA Truck Rules

First it was HOA Cynthia, a Geico ad poking fun at an HOA president who was all up in her neighbors’ business. We can’t find that original video on any of Geico’s online channels, but you can watch it here. Now it’s Motor Trend that’s making hay out of a Florida HOA. The HOA is…
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4 Financial Controls Your Condo/HOA Absolutely, Positively Should Have

At a recent webinar on understanding association financials, a reader asked for advice on internal controls to put in place when the board employs one person “who does everything.” We presume that means one person handles all the community’s finances. Frankly, that setup worries Patricia A. Ayars, founder of Ayars & Associates in Glastonbury, Conn.,…
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Condo/HOA Insurance Expert Reveals the Biggest Risks You Face Today

Think you’ve protected your community against damage that would require your insurer to step in and fund fixes? Think again. Condo/HOA dangers are more common than you may realize. Karen O’Connor Corrigan, CIC, CIRMS, has her finger on the pulse of condo/HOA insurance trends. Here’s what the president/owner of O’Connor Insurance Agency, which insures more…
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Tips on Regulating Swim Spas in Community Associations

More owners are interested in installing swim spas — basically a miniature pool they can use to swim in place against a current. “When I talk to colleagues around the country, these swim spas are really turning into an absolute phenomenon,” says Paul Grucza, principal with PDG and Associates, consultants for the association management industry.…
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Faulty Transfer Blocks Enforcement Authority

A community association in Delaware learned the hard way about the importance of the clear and effective transfer of rights from the developer. Because such a transfer had never occurred back when the association was formed in the 1960s, a court shot down its attempt to enforce deed restrictions more than 50 years later —…