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…
Reserves for Mixed Use Building & Limited Common Elements
Often condo declarations state that some building components are to be paid for exclusively by one group of owners. This may include all residential owners, or all owners within a single building. This means that reserve contributions for those components must come only from the units to which the cost is allocated. We frequently see reserve…
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…
Chapter 13 Bankruptcy: 5 Things You Need to Know
So you get a notice that an owner has filed for Chapter 13 bankruptcy. What to do? If you said, “close the file and write off the balance,” not so fast! Here are 5 things that every manager and board should keep in mind. Deadlines Pass by Quickly. Bankruptcy court is efficient and fast, at…
Condo Law Webinars in August
Sign up today for our upcoming Wednesday webinars! Managers, boards, and homeowners are welcome to participate in our Wednesday webinars. If you can’t participate in our webinars, we always record them for playback later. Just go to www.condolaw.net and click on the Webinar page to view and listen to all of our recorded webinars. Popular…
Chapter 7 Bankruptcy Basics
Many condo and homeowner associations are experiencing an unprecedented rate of bankruptcy filings by owners. Some are current on their dues when they file, some are not. Many file to try and discharge condo or homeowner dues. Both homeowners and associations alike benefit, however, from knowing some bankruptcy basics, so consider this your “bankruptcy boot…
Industry Changes Hit Washington Condos & HOAs
It is seldom that an experienced business partner in the Washington State chapter of Community Associations Institute closes its doors. This is what happened when the Sundberg & Pody law firm closed at the end of March. Fortunately, Washington law firms serving condominium and homeowner associations are a committed group of professionals who worked together…
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…
Reserves for Mixed Use Building & Limited Common Elements
Often condo declarations state that some building components are to be paid for exclusively by one group of owners. This may include all residential owners, or all owners within a single building. This means that reserve contributions for those components must come only from the units to which the cost is allocated. We frequently see reserve…
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…
Chapter 13 Bankruptcy: 5 Things You Need to Know
So you get a notice that an owner has filed for Chapter 13 bankruptcy. What to do? If you said, “close the file and write off the balance,” not so fast! Here are 5 things that every manager and board should keep in mind. Deadlines Pass by Quickly. Bankruptcy court is efficient and fast, at…
Condo Law Webinars in August
Sign up today for our upcoming Wednesday webinars! Managers, boards, and homeowners are welcome to participate in our Wednesday webinars. If you can’t participate in our webinars, we always record them for playback later. Just go to www.condolaw.net and click on the Webinar page to view and listen to all of our recorded webinars. Popular…
Chapter 7 Bankruptcy Basics
Many condo and homeowner associations are experiencing an unprecedented rate of bankruptcy filings by owners. Some are current on their dues when they file, some are not. Many file to try and discharge condo or homeowner dues. Both homeowners and associations alike benefit, however, from knowing some bankruptcy basics, so consider this your “bankruptcy boot…
Industry Changes Hit Washington Condos & HOAs
It is seldom that an experienced business partner in the Washington State chapter of Community Associations Institute closes its doors. This is what happened when the Sundberg & Pody law firm closed at the end of March. Fortunately, Washington law firms serving condominium and homeowner associations are a committed group of professionals who worked together…
