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Discussions of Elements in Common (by CondoTalk)
CondoTalk | CondoT@lk
https://condotalkblog.wordpress.com/author/runningpheasant
Discussions of Elements in Common. What is the End Game in Enforcement? What is the end game in enforcement? In the interest of establishing a positive relationship with the HOA we need to take the extra step to educate the membership about the rules before. Lori Grove is the regional vice president of Total Property Management in Phoenix, Arizona. She may be reached at lgrove@totalpm.com or 602.952.5581. On May 1, 2016 in Uncategorized. Delinquency and Collection Policies. By Maureen A. Sullivan, Esq.
How Many Loan Sharks Does it Take to…? | CondoT@lk
https://condotalkblog.wordpress.com/2012/12/07/sharks
Discussions of Elements in Common. Financing cost is more than just an interest rate. Reserve Studies: The Good, The Bad, and The Ugly →. How Many Loan Sharks Does it Take to? By this point, I imagine that all of you as readers have heard about community associations borrowing money for common element repairs. But the question remains as to how, practically, they do. Borrow. What is it that the lenders will ask when reviewing a credit request? I have been involved in financing common interest communities...
Delinquency & Collection Policies | CondoT@lk
https://condotalkblog.wordpress.com/2015/05/22/delinquency-collection-policies
Discussions of Elements in Common. What is the End Game in Enforcement? Delinquency and Collection Policies. Dealing With Delinquencies: Make Sure Your Association Has A Collection Policy. By Maureen A. Sullivan, Esq. In general, a collection policy may include the following:. When assessments are due and when they are considered delinquent. For example, monthly assessments are due on the first day of each month and are considered delinquent after a 10 day grace period. The penalty for being delinquent.
Financing cost is more than just an interest rate | CondoT@lk
https://condotalkblog.wordpress.com/2012/12/07/races
Discussions of Elements in Common. How Many Loan Sharks Does it Take to? Financing cost is more than just an interest rate. It is paramount for an association’s board of directors to be presented with and evaluate the true costs involved with borrowing money. Interest rate is but one component of that cost. The acronym RACES. Identifies the five components of financing cost and each is outlined below. R Rate of Interest. A – Agility of the Institution. C Conditions and Covenants. E Expertise of the Lender.
About | CondoT@lk
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Discussions of Elements in Common. CondoT@lk discusses elements of community association life and management candidly and honestly. Our desire is to share some wisdom for communities so that the boards of directors and home owners alike can thrive. If there is a topic that you would like covered, please let us know. We will find an expert to tackle it. Leave a Reply Cancel reply. Enter your comment here. Fill in your details below or click an icon to log in:. Address never made public).
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OWNER WITH NO RIGHTS? Published May 15, 2015. Many of you may not be aware that a new law affecting your Association was signed into law and becomes effective July 1, 2015. Senate Bill. Published May 15, 2015. The proposed TN SENATE BILL 638 possesses some interesting powers for condominium homeowners. As interpreted, it seems that the . Condominium Associations Legislative Update:. By Jeremy Cherry, Esq. Published April 16, 2015. Published April 15, 2015. Published April 15, 2015. By Jeremy Cherry, Esq.
CondoT@lk | Discussions of Elements in Common
Discussions of Elements in Common. Delinquency and Collection Policies. Dealing With Delinquencies: Make Sure Your Association Has A Collection Policy. By Maureen A. Sullivan, Esq. In general, a collection policy may include the following:. When assessments are due and when they are considered delinquent. For example, monthly assessments are due on the first day of each month and are considered delinquent after a 10 day grace period. The penalty for being delinquent. In sum, adopting a collection policy ...
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