U.S Territories Condo & HOA News

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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

The parent company of pest-control giant Terminix has agreed to a multi-million dollar settlement with a Wilmington family who were sickened by pesticides at a vacation condo in the US Virgin Islands.  The Philadelphia Inquirer reports Servicemaster Global Holdings has

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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 made by the director of the Bureau of Statistics and Plans on Nov. 30.   Read the article………….

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Facts about condo buying in the Philippines

I’ve run into a few people recently who have asked me if people from Guam can buy a condo in the Philippines.  The answer is yes, Guamanians can buy condos in the Philippines because Philippine law allows for foreigners, or

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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.     Read the article………..

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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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