Living Better Blog

Looking for Resources for Boards, Managers and Homeowners? Look to your industry organization – CAI

Posted by Andrew Fortin on May 3, 2016 7:00:00 AM

One issue that comes up frequently in community association management is the frustration that many homeowners or boards have in finding tools that help them build effective governance in their community. In fact, a lot of the issues we deal with at Associa arise from a lack of understanding by either the resident or the board on the roles and responsibilities of the various players in the community association world. This issue has become so acute, that some states and provinces have looked at mandating education and training for association volunteers. What’s most surprising is that these tools are out there, waiting to be used by boards and residents either through their management company like Associa our industry trade organization the Community Associations Institute (CAI).

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Topics: Industry

Alberta Begins Regulatory Process for Condo Association Manager Licensing

Posted by Andrew Fortin on Mar 24, 2016 7:00:00 AM

The province of Alberta is joining the ranks of jurisdictions that will require professional condominium managers to hold a license.  After a period of consultation with stakeholders, the provincial government amended the Alberta Real Estate Act in late 2014 to establish a legal framework to license community association managers. The Act empowers the Real Estate Council of Alberta to regulate activity of condominium managers.  The provincial government also took efforts to ensure that any licensing regime imposed, would attempt to coordinate with neighboring British Columbia to minimize impacts on business.

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Topics: Industry

Learn Everything Condo Owners Need to Know about FHA Approvals in Our Next #HOAChat

Posted by Staff Writer on Feb 16, 2016 7:00:00 AM
FHA-backed mortgages are an important source of mortgage financing for condominium purchases.

Changes made to the FHA mortgage approval process require that a condominium association be pre-approved by FHA before any mortgages are issued to any potential buyer. This means that if an association is not approved by FHA, a unit owner might lose a sale until the association goes through the approval process. These changes and others make it a good time for condominium associations to consider obtaining FHA approval.

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Topics: Industry, Community Living

Squatters in HOAs: Can Anything Be Done?

Posted by John Krueger, VP Government Affairs on Feb 9, 2016 7:00:00 AM

Since the country’s economic crisis began in September 2008, it is estimated that more than six million homes were lost to foreclosure. And foreclosure was often just the start of problems for these properties. With that volume, many times these properties became “zombie” foreclosures, which means the property was abandoned and much time elapsed before the lender (or a buyer) took possession. These situations often led to properties falling into disrepair or subject to vandalism, theft of furnishings, or general poor condition. In some cases, to compound the problem, unauthorized persons moved into these properties attempting to establish adverse possession through some form of “squatters” rights.

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Topics: Industry

HOA News: South Carolina Legislature releases New HOA Report

Posted by Andrew Fortin on Feb 2, 2016 6:30:00 AM

This post was first published on LinkedIn Pulse and reprinted with permission.

The South Carolina legislature released their long-awaited report on challenges in Common Interest Communities. The legislature addressed isues ranging from document disclosures, to board education to manager licensing, but found little consensus on how to address these issues.

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Topics: Industry





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