The governing documents required the board of directors to adopt the association’s budget, to determine the owners’ assessment to meet that budget and to give the owners a fourteen day notice of the meeting at which the budget would be considered. In responding to the complaint, Berg argued...
In Illinois, an association board must meet at least four times each year, according to Michael Delrahim, a partner with Chicago-based law firm Brown, Udell, Pomerantz & Delrahim, LTD. “Notice of every board meeting must be posted in entryways, elevators or other conspicuous places in the ...
COMMENTARY: When we think of a condominium association unit owner meeting we all default to 14 days advance notice, and while a condo association can now possibly give less notice than 14 days if the bylaws allow for it (for unit owner meetings besides the annual meeting), the reality is m...
In most instances, the board or management team of a condo or HOA is equipped to handle the wide variety of issues that arise day-to-day, from a leaky roof to dealing with municipal bureaucracy. There are other, bigger issues—things like embezzlement and fraud, for example—that require e...
Budgets take time for any Condo and HOA Community, each year many of the services paid for by these associations come under review at budget season. While its nice to think about cost savings we feel it is much more important to look at workmanship, licensing, scope of work and then Costs...
According to a report issued by the Treasury Department, the Democrat’s proposed fiscal year 2025 budget would see a 44% rise in the top marginal rate on long-term capital gains and qualified dividends. This would be frightening to many real estate investors in Florida,California, New York ...
and very powerful. If you live in an apartment or condo and do not wish to pay a lot of money on your electric bill each month, then the pro power washer in Richmond is for you. The washer uses the energy efficient DC cordless technology to make your washing experience a pleasant one...
Last August, Tampa airport officials were staring down a budget shortfall of $76 million due to slashed passenger traffic, and steeling themselves for a tighter fiscal year. One year later, as the air travel industry continues its recovery from the coronavirus pandemic, they’re aiming for recor...
The closed and pending unit sales in the combined single-family, condo and townhouse market in Northeast Florida has been relatively stable for the past 3-4 months with just slight movement month over month as we would expect in line with the seasonality of a ‘normal’ real estate market. ...
“We hosted our ENTIRE family for our wedding at The Breakers FWB! We rented a total of 7 condos, got married on the beach behind the resort, and rented the meeting room for our rehearsal dinner and reception. We had a great time, and the staff was very helpful!” ...