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/ Owner - June 21, 2012

Massachusetts Condominium & Homeowner Association News

  • Residents evacuated after crane collapses onto condo complex in Norwood (MA) March 15, 2024
    A crane collapsed onto a condo complex in Norwood Friday afternoon, but no one was hurt, according to authorities.  Crews arrived to find the crane resting on a building that was under construction.   Read the article…………………………….
  • 7 Investigates: Community in Crisis (MA) March 13, 2024
    The frustration is growing by the day among the residents of a condominium complex in Somerville.  An expanding homeless encampment under I-93 directly across from their lobby has become a chaotic scene over the past few months.  “I walk out here and there are people that shouldn’t be inside inside,” said Somerville resident Harish Rajaram.   Read the article…………………………….
  • Manchester Community Center suing Harbor’s Point Association (MA) February 26, 2024
    The nonprofit Manchester Community Center is suing its landlord, Harbor’s Point Condominium Association, claiming the association engaged in unfair and deceptive trade practices.  The lawsuit, filed Feb. 20 in Essex Superior Court in Lawrence, seeks damages amounting to $1.3 million.  In the suit, the Community Center alleges Harbor’s Point forced the center to sign leases to real estate the center was already entitled to, that Harbor’s Point proposed monetary terms that were “unfairly high” and that the company sought to ...
  • Florida And Massachusetts Law Firms Unite To Tackle Fannie Mae’s Secret Condo Blacklist December 18, 2023
    The firms say they are committed to helping condominium and cooperative associations currently on the blacklist, or at risk of being added, navigate this complex issue. Fannie Mae, a government-sponsored enterprise, uses the blacklist to designate properties ineligible for conventional financing, affecting thousands of residents and potential buyers.    Read the article…………………………..  Link to web site “The Blacklist”
  • Fannie Mae to make its secret condo blacklist public December 8, 2023
    But the information will be available only to homeowners’ associations. Move follows Globe story on how unsuspecting buyers and sellers were left in the dark.  Read the article……………………..
  • 7 Investigates: Displaced residents still unable to return home nearly three years after fire in Cambridge condo complex (MA) November 29, 2023
    Nineteen families lost their homes when a fire tore through a Cambridge condo complex in 2021.  Nearly three years later, they still can’t return home even though they’re still paying monthly condo fees.   Read the article…………………………….
  • Fannie Mae keeps a secret condo blacklist. Why? (MA) November 1, 2023
    Shortly after Nicholas Perricone bought his condo in the Financial District on June 30, 2022, he joined the building’s board of trustees. That’s when he began hearing stories of fellow owners who tried to sell their units only to have the deals fall apart at the loan office.    Read the article…………………………

Massachusetts News Archives

Massachusetts Condominium & Homeowner Association Articles

  • Holding Orderly, Efficient Annual Meetings – It’s Not as Hard as It Seems!
    Talk to anyone familiar with common-interest community governance anywhere in the country, and they will tell you the same thing: apathy is rampant among residents of co-ops, condos, and HOAs. Not only is it difficult to get owners and shareholders to run for their boards of directors, but it’s a struggle to even get them to show up to the once-a-year meetings held to elect those board members and to update the community on what is happening in their home ...
  • How to Successfully Budget Your HOA
    A homeowners association makes the big decisions for your condo or living space. These big decisions include a budget, which encompasses how your association will decide which areas of your property require financial spending. Creating a budget is a complex project; at Thayer Associates, we’d like to make the process easier.     Read the article…………………………….
  • Do Condominium Boards Have the Right to Restrict Signs? (MA)
    QUESTION: Our condominium association has a rule barring the display of signs in common areas or in locations visible from common areas.  Some board members say we are required to make an exception for political signs. Is that true?   Read the Q&A………………………………..
  • Boards & Boundaries: How ‘Available’ Should You Be?
    In multifamily residential communities, where neighbors share common space, amenities, and maintenance—if not actual walls—establishing and maintaining boundaries can be a bit tricky.   Read the article…………………………….
  • Condominium Owners Should Recognize Their Rights and Understand their Responsibilities (MA)
    “I know my rights!” This is a statement association boards hear frequently from owners, usually in response to a board decision, covenant or rule requiring something owners don’t like or prohibiting something they want to do. As it turns out, many owners don’t really know their rights.    Read the article………………………………….
  • 10 things to know before you buy in a community association
    Are you planning to buy a home in a community association? There are a host of advantages to buying a condominium, cooperative, or single-family home in a planned community. A well-run association will protect property values in the community, maintain common areas (and perhaps even your own property), provide access to amenities like swimming pools and tennis courts, and assist with conflict resolution among neighbors.   Read the article……………………………..
  • 3 Ways to Maximize Sustainability in Your Community (MA)
    As climate change continues to take a toll on the planet, it’s important to understand how industries like property management and development can and should adapt in order to cease contributing to the ongoing crises.   Read the article…………………………….

Massachusetts Article Archives

 

Massachusetts Laws

Massachusetts Condominium Act

Real Estate Time Shares

Massachusetts Condominium & Homeowner Association Resources

Community Associations Institute –  New England Chapter

 

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