Q: Our manager recently told the board that there has been a change with “bank requests” and said the board needed to address it. I did not understand what that means or what the changes are. Could you please explain? (A.M., via e-mail) A: Needless to say, as a result […]
Q: I own a condominium with only 15 units in our association. The declaration for the condominium has never been updated and currently requires a vote of 75% of the all unit owners to change. Because four owners can veto any amendment, nothing can pass. Is there any way around […]
Q: I found out my HOA fee went up almost 40 percent without any notice. I want to know why and if it went up for everyone. Can I request more information because I didn’t receive anything? (M.P., via e-mail) A: Board budget meetings in a homeowners’ association require posted […]
For this article, I thought I would jump around and discuss various items regarding board members, board meetings and a few association operational issues that keep popping up as questions and issues. Board member certification. Let’s start with the board member certification requirement, which applies to condominiums, homeowner associations and […]
The next digital revolution will be based on blockchain, a system by which independent computers verify transactions with no central authority, as described by Becker Shareholder Robert C. Brighton, Jr. in the latest issue of Financier Worldwide. In these systems, security and reliability are maintained through consensus. For public blockchains, […]
