AHN Staff

Court Requires More Disclosure For Michigan Condos And HOAs

MI HOA Condo News / By

MAKOWER ABBATE GUERRA VOLLMER: A Michigan Court of Appeals decision suggests courts will view Michigan owner requests to inspect condominium, homeowner, and community association documents quite broadly and will generally frown on refusing to allow inspections absent very compelling reasons. While some legal questions remain, and cases like this will depend on their specific facts, …

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Appeals Court Decision Affects Michigan Condo Developers

MI HOA Condo News / By

MAKOWER ABBATE GUERRA VOLLMER: Michigan Condominium Owners of Units in Incomplete Condominiums Take Note – Significant Court of Appeals Victory Confirms Developers Who Drag Their Feet on Developing a Condominium in Michigan May Lose All Development Rights, Leaving the Undeveloped Land for the Condominium Owners Elizabeth Trace Condominium Association v American Global Enterprises, Inc. The …

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Association Insurance — Ensuring You’re Protected

MI Book Insurance / By

Insurance is a complex subject in any context Insurance is a complex subject in any context, and in the realm of community associations — condominiums and homeowners associations (HOAs) — there are many bases to cover when it comes to ensuring the association, its board, manager and residents are all appropriately protected. We spoke with Scott …

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Collection of Delinquent Dues

OH Book Legal 02 / By

What are the steps and options for contacting and collecting on delinquent assessments? Community associations have significant weapons to collect delinquent assessments, including filing liens, obtaining money judgments, and initiating foreclosure.   How does a board determine if an account is likely to be collectible? All owners are assumed collectable unless they have declared Chapter …

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Recordkeeping

OH Book Legal 02 / By

Should associations keep records? If so, what records should they keep? Ohio requires that association records be available for inspection, and so associations must retain their records.  These include their governing documents, insurance documents, legal documents, tax records, financial and accounting records, meeting minutes, employee benefit records, contracts, and warranties. What records are associations required …

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Association Insurance: Ensuring You’re Protected

IL Book Insurance, MN Book Insurance, OH Book Insurance, WI Book Insurance / By

Association Insurance — 
Ensuring You’re Protected Insurance is a complex subject in any context, and in the realm of community associations — condominiums and homeowners associations (HOAs) — there are many bases to cover when it comes to ensuring the association, its board, manager and residents are all appropriately protected. We spoke with Robert A. …

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Association Accounting & Budgets

OH Book Accounting / By

When it comes to the association’s finances, how can boards be assured they’re handling things properly? Familiarize themselves with accounting rules applicable to Common Interest Realty Associations (CIRA’s); regularly review financial statements and compare actual results to budget expectations, and obtain explanations for significant variances; engage an independent CPA firm annually to perform an audit …

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