By: Raymond B. Via, Jr.
WHY Community Associations maintain reserve accounts as a means of funding their long term needs for repair and replacement of major capital items. These Association assets typically include all common property under Association control such as roads, roofs, swimming pools and pool decks,...
By: Jefferson C. Glassie
Reprinted with permission. Copyright, ASAE: The Center for Association Leadership, January 2014, Washington, DC. Co-Author: Jennifer Kirkpatrick Howard, a producer at Lockton Companies and a risk management consultant and insurance broker, firstname.lastname@example.org. Summary: Choosing insurance coverage...
By: Chad J. Toms
Under the Freedom to Display the American Flag Act of 2005 (the “Act”) community associations are not permitted to ban owners from displaying the American flag on the owner's unit, lot or in any area where the owner has exclusive use or possession. However, the Act does permit community...
By: Robert F. Carney
There are many circumstances under which litigation can arise between members of a community association and the community association or its board of directors. One tactic employed by members who are litigating with or otherwise adverse to the interests of the community association is to...
By: Frank S. Jones, Jr.
The Federal Trade Commission has revised the filing and other dollar-denominated thresholds contained in the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”). These adjustments are made annually based on changes in the U.S. gross national product for the fiscal year ending...
By: Heather A. James
Tips to minimize the potential legal pitfalls in contracting for technology systems Acquiring the right technology systems is often critical to an association’s success. Too often, however, associations rush through technology system acquisitions and sign unfavorable vendor contracts that...
By: Mary Claire Chesshire
The Internal Revenue Service is now launching questionnaire projects to gather information about retirement plans, in addition to conducting random, full scope audits. What should you do if a questionnaire is received? First - do not ignore it and, second, ask your advisor to help with...
By: Alexander W. Koff
The attached article was originally published in teh Journal of Accountancy, February 2014, and is reprinted with their permission.
By: Jeffrey C. Seaman
A recent federal court decision in a discrimination / retaliation case will be of interest to Maryland employers, HR managers, and people who mistreat their staff.
By: David L. Cahn
The case of Wojcik v. Interarch, Inc., currently pending in the U.S.