Many clients and associations in general (both condos and HOAs) are in possession of properties that do not have “clear title.” This puts the association in the position of wanting to rent out the property until the lender forecloses. One question we hear often is what protections, if any, exist for a tenant who signs…
Author Archives: Valerie Farris Oman
Bank of America Foreclosures in Washington State
For many months, we’ve seen that Bank of America foreclosures have been completely stalled. There are a number of reasons for this, not the least of which is the fact that BOA took over a multitude of sub-prime loans when Countrywide went belly-up. More recently, however, the company BOA used (Recontrust) to conduct its foreclosure…
Recording Fee Increase!
You may have already noticed that recording fees in King County have gone up! Effective September 1, 2012, recording fees are now $72.00 for the first page of your document (an increase of $10.00) and $1.00 for every page thereafter. Follow this link for more information.
Upcoming Condo Law Webinars
If you missed this morning’s webinar “New Budget Process for HOAs and New Act Condos“, you’ll be able to listen to the playback shortly by visiting the Webinars page of our firm website. All of our previous webinars are archived there for your use. To register for upcoming webinars, follow the links below: November 14:…
Community Associatons Day 2012!
We hope to see you at Community Association (CA) Day 2012, Washington’s largest Educational Home & Trade Show for Condos & HOAs, on Saturday, October 20th at the Washington State Convention Center in Seattle. Details about the program and trade show are found in this link.
Court Finds Tenant is Insured under Condo Association Policy
A condominium association is a named insured under an association’s property insurance policy, but the owner of each unit within the condo is also insured under the policy. A Washington court recently held that tenants of unit owners are also presumed insured under a condominium association’s property policy so long as the parties did not…
Upcoming Webinars
We hope this finds you well as spring is desperately trying to arrive in Washington state! Your colleagues, boards and homeowners are welcome to participate in our Wednesday webinars. Unable to participate in our webinars? We always record them for playback later. Just go to our website and click on the ‘Webinar’ page to view…
South End Board Member Training Seminar
On Tuesday March 20th, 2012, the property managers at Bell-Anderson & Associates, LLC will be hosting a board training seminar at the Kent Senior Center at 6:30pm. Join them to discuss the role of homeowners’ or condo association board members with a mock board meeting. Broker Vickie Gaskill along with attorney Jennifer Hill from Condominium…
Upcoming Webinars & Educational Opportunities
Did you miss our webinar on the NEW Budget Process for HOAs and New Act Condos on October 12th or the WSCAI educational seminar on this topic held on November 12th? You still have an opportunity to see it again! We are happy to schedule a ‘live’ meeting for you, your colleagues and your board…
Reserve Study Law Changes
Effective January 1, 2012, changes in Washington’s reserve study laws will go into effect. These changes, among other things, affect the content of reserve studies, add reserve study reporting requirements to the budget summary associations must provide to owners, and extend reserve study requirements to HOAs with “significant assets.” Over the next few weeks, we…
Author Archives: Valerie Farris Oman
Tenants in Foreclosed Properties
Many clients and associations in general (both condos and HOAs) are in possession of properties that do not have “clear title.” This puts the association in the position of wanting to rent out the property until the lender forecloses. One question we hear often is what protections, if any, exist for a tenant who signs…
Bank of America Foreclosures in Washington State
For many months, we’ve seen that Bank of America foreclosures have been completely stalled. There are a number of reasons for this, not the least of which is the fact that BOA took over a multitude of sub-prime loans when Countrywide went belly-up. More recently, however, the company BOA used (Recontrust) to conduct its foreclosure…
Recording Fee Increase!
You may have already noticed that recording fees in King County have gone up! Effective September 1, 2012, recording fees are now $72.00 for the first page of your document (an increase of $10.00) and $1.00 for every page thereafter. Follow this link for more information.
Upcoming Condo Law Webinars
If you missed this morning’s webinar “New Budget Process for HOAs and New Act Condos“, you’ll be able to listen to the playback shortly by visiting the Webinars page of our firm website. All of our previous webinars are archived there for your use. To register for upcoming webinars, follow the links below: November 14:…
Community Associatons Day 2012!
We hope to see you at Community Association (CA) Day 2012, Washington’s largest Educational Home & Trade Show for Condos & HOAs, on Saturday, October 20th at the Washington State Convention Center in Seattle. Details about the program and trade show are found in this link.
Court Finds Tenant is Insured under Condo Association Policy
A condominium association is a named insured under an association’s property insurance policy, but the owner of each unit within the condo is also insured under the policy. A Washington court recently held that tenants of unit owners are also presumed insured under a condominium association’s property policy so long as the parties did not…
Upcoming Webinars
We hope this finds you well as spring is desperately trying to arrive in Washington state! Your colleagues, boards and homeowners are welcome to participate in our Wednesday webinars. Unable to participate in our webinars? We always record them for playback later. Just go to our website and click on the ‘Webinar’ page to view…
South End Board Member Training Seminar
On Tuesday March 20th, 2012, the property managers at Bell-Anderson & Associates, LLC will be hosting a board training seminar at the Kent Senior Center at 6:30pm. Join them to discuss the role of homeowners’ or condo association board members with a mock board meeting. Broker Vickie Gaskill along with attorney Jennifer Hill from Condominium…
Upcoming Webinars & Educational Opportunities
Did you miss our webinar on the NEW Budget Process for HOAs and New Act Condos on October 12th or the WSCAI educational seminar on this topic held on November 12th? You still have an opportunity to see it again! We are happy to schedule a ‘live’ meeting for you, your colleagues and your board…
Reserve Study Law Changes
Effective January 1, 2012, changes in Washington’s reserve study laws will go into effect. These changes, among other things, affect the content of reserve studies, add reserve study reporting requirements to the budget summary associations must provide to owners, and extend reserve study requirements to HOAs with “significant assets.” Over the next few weeks, we…