What are reserve expenses? What requirements are there for an association to maintain reserve funds and/or to have a reserve study done? This Q&A answers these and other questions your association may have regarding reserves and reserve studies.
Unused Developer Rights - What To Do With Them?
Most condominium boards are struggling, to some extent, with delinquent common area fees, budget shortfalls, rising foreclosures and other collateral damage from the economic downturn. But however dismal the current picture seems, real estate is still cyclical. It will change. When it does, many condominium boards will have to decide what to do about their unfinished communities. Read more.
Declarant Control Versus Reserved Declarant Rights: Is There Really A Difference?
During the continued nationwide economic issues, more associations every day are discovering the answer to that very question, and discovering the answer is a resounding yes. Click here to read about the differences and what you need to know about each one.
The HindmanSanchez BOOM Line
During these trying financial times, the BOOM Line is your #1 resource for getting more bang from your association's collections efforts. The 3rd Wednesday of each month, from 4:00 - 6:00 PM, you can speak with one of our collections attorneys regarding your general collections questions - FREE. Simply call 303.991.BOOM (2006). BOOM - your power line to surviving collections.
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