U.S Territories Condo & HOA News

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V.I. Moves To Dismiss Condo Fee Suits For Lack of Claim

The V.I. government filed motions Thursday to dismiss two condominium group lawsuits over new condo user fees, arguing the plaintiffs fail to make a legally plausible claim.  In question is whether a new $25 per day of occupancy fees on

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Puerto Rico Laws Block Condos From FHA Loans

Rogers told Caribbean Business, however, that condos in Puerto Rico may not be able to benefit from the easing of FHA condo financing programs because local laws have become a roadblock preventing HUD from granting the certifications.  To become certified,

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Group files Art. 12 lawsuit vs Anaks homeowners (Saipan)

A group of investors filed an Article 12 lawsuit against Anaks Ocean View Hill Saipan Homeowners’ Association Ltd. and the Manuel S. and Luise P. Villagomez family trust. Anaks Investors LLC, through Daniel T. Guidotti, asked the Superior Court to

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Terminix to pay Wilmington family sickened at Virgin Islands vacation condo

Servicemaster Global Holdings has agreed to pay the Esmond family 87 million dollars on top of 3 million the company’s already paid to cover its insurance deductible

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Bureau’s statements about Pago Bay towers were ignored (Guam)

When the Guam Land Use Commission conditionally approved the construction of two condominium towers to rise above Pago Bay, it ignored position statements

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Facts about condo buying in the Philippines

The Philippine law, Republic Act No. 4726, commonly known as “The Condominium Act,” allows for foreigner ownership of condos as long as the entire condo project is 60-percent owned by Filipinos

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Terminix fined $10 million after Delaware family severely injured by illegal pesticide at Virgin Islands condo

Pest control company Terminix has been fined $10 million after their workers sprayed below a Delaware family’s Virgins Island condo with the illegal pesticide methyl bromide.

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Puerto Rico firefighters evacuate dozens at condo complex when water tank crashes through roof

Nearly two dozen people have been evacuated from their condominiums in Puerto Rico’s capital after a water tank collapsed through a residential building’s roof.     Read the article……….

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Bill aims to lower apartment, condo power rates (Guam)

Residents who live in apartment or condominium complexes may be paying as much as 25 percent more for their power bills.    Read more………

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CAI’s Guide to FHA Certification

The U.S. Department of Housing and Urban Development (HUD) Federal Housing Administration (FHA) plays a major in role in housing finance through its Condominium Mortgage Insurance Program. FHA issued regulatory guidance to set standards condominium associations must meet for a

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