The foreclosure process can be a useful tool for some associations when dealing with a habitually delinquent member. Often times, the threat of foreclosure can persuade a homeowner to pay assessments when traditional collection methods have failed.
Anyone that has ever lived in, worked in, or managed a condominium building knows that unexpected expenses are going to arise during the life of the condominium. This means that the condominium association will have to take steps to fulfill its obligations under its governing documents to make repairs, defray abnormal costs, and/or refund its capital reserves.
Homeowners do not have an absolute right to use the common areas and amenities in a community association. This is because they are bound by the community's governing documents, which typically include provisions on paying assessments and complying with use restrictions.
On May 8, 2018, Georgia Governor Nathan Deal vetoed House Bill 410 ("HB 410"). HB 410 was initially proposed to cap fees charged by community associations and/or property management companies to homeowners (or potential homeowners) for obtaining requested information in advance of a closing.
It is officially campaign season in Georgia. Community associations may be wondering whether homeowners can place political signs in their yards or on common areas to support a particular candidate. Boards may also be questioning how best to address door-to-door solicitors that are canvassing for candidates and/or seeking contributions.
In the past, community association covenant enforcement was often limited to what boards and/or managers could personally document. For example, the documentation could might include a photo of the violating property taken from the street. Nowadays, with the widespread use of social media community associations may have access to another layer of property owners' actions. This begs the question: should community associations use social media to investigate potential covenant violations?
There is a common misconception that their property ownership rights are absolute. The truth is, however, that the government can take away any private property right without the owner's consent. This is called eminent domain, also known as condemnation, and it occurs when the federal or state government—or even a non-governmental entity, such as a public utility—takes over private property for the public good or public use, without consent.
The Federal Housing Administration ("FHA") is a government agency that insures home loans for buyers who may not qualify for a conventional loan. By obtaining an FHA-insured loan, these buyers can more easily qualify for a home loan, make a smaller down payment, and pay less in closing costs. These types of loans are attractive to many first-time home buyers and other buyers who may choose to hold onto available funds, rather than making a sizeable down payment.
Community association annual meeting season is well under way. The notices have gone out and most included a proxy should owners be unable to attend. Despite their frequent use, proxies can be confusing.
During the holidays, residents often decorate their properties with wreathes, lights and/or other seasonal décor. This can be a pleasant way to spread cheer, and it can even add a fun, communal vibe throughout the neighborhood. But what happens when the decorations go too far? Almost inevitably, there is at least one resident that goes overboard, causing management and the board of directors to revisit the association's guidelines on this specific topic.