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31 January 2010 | 6 replies
The HOA may have some dirty laundry, contingent liabilities, escrowed funds, maintenance issues or other issues that they do not want made public, all the more reason to push them into compliance.
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29 June 2011 | 35 replies
I have lived thru the inspection process and compliance with this rule/law now twice.
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8 February 2010 | 24 replies
You even need to look for RESPA and REG Z compliance on notes.
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20 January 2010 | 7 replies
This shouldn't trigger it, and I will figure out the doors to lock my stuff away.
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27 January 2010 | 8 replies
That's because the sale to you triggers the "due on sale" clause.
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5 May 2010 | 9 replies
Those companies do report to D&B, but they will only reportonce you purchase something from them and then pay the invoice, that triggers the reporting.Also what does your personal credit look like?
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8 June 2010 | 7 replies
Non-compliance carries STIFF penalties ($20+ if memory serves) so talk to your attorney about that.
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14 March 2012 | 22 replies
I called them and told them 1) the Board can come up with whatever they want, but if this is a change Bylaws it had to be voted on by the membership2) the Board would be insane to do this as if they required Owners to put up lockboxs outside the door and there was a break-in to the unit from someone who accessed the lockbox, my guess is the prop. managment company would be sued and the HOA would be sued for making owners put keys in lockboxs next to their units (and thus creating an unsafe environment).In your case, the Board can recommend that owners come into compliance with certain laws (CO2, fire alarms...) but I do not believe they have the right to enter to enforce this unless clearly defined in the CC&R's.My guess is the Boards/Management Company's heart was in the right place (in terms of making sure owners complied and keeping people safe) but how it was implemented left a little to be desired.They should have at least contacted you to see if you wanted the option of them going into to install the CO2 or if you had already taken care of this.
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25 February 2010 | 5 replies
I finally pulled the trigger on a nice 4-plex.