When a condominium association is seeking to obtain a loan, too often the board is signing the Bank’s commitment letter before having that document reviewed by legal counsel. While some banks will permit the association to amend the commitment letter after the fact, through revisions to the loan documents, others […]
Community Update – October 2024
10.31.2024
This issue of CUP highlights a range of timely topics for board members and managers. Whether you’re preparing for budget season, considering amending election terms, or navigating disaster recovery and insurance claims, we’ve got something for you. Don’t miss our recent webinar explaining the Corporate Transparency Act and the mandatory reporting requirements for all community...
Community Update – September 2024
09.30.2024
While some areas of the West Coast and Panhandle were fortunate to escape Hurricane Helene’s impact, others were not so lucky. Our thoughts are with everyone affected by the storm, and we want to remind you that we are here to help. Our website contains a wealth of educational information for […]
Community Update – August 2024
08.31.2024
As the back-to-school season kicks off, it’s the perfect time to embrace new beginnings and fresh opportunities! This issue of CUP highlights everything you need to know to stay organized for the year ahead. We address late assessments, architectural review, and Community Emergency Response Teams (CERT) Volunteers. We also celebrate […]
Community Update – July 2024
07.31.2024
2024 was a particularly active year for community association legislation and several changes to the condominium law became effective July 1, 2024. What does that mean for your community association? This issue of CUP highlights some of those changes in Joseph Adam’s annual legislative review and Yeline Goin’s article on HB 1203. Don’t […]
