Home > Vendors
0 views 24 sec 0 Comment

Vendors

/ Owner - June 8, 2012

Vendors and Community Associations

  • When to File a Breach of Contract Lawsuit or How Long is Too Long? (CO) February 22, 2024
    The Colorado Supreme Court recently issued a decision that significantly impacts common interest communities’ need to enforce contracts by filing a lawsuit or an arbitration proceeding. This decision affects the timing considerations of when such proceedings must be filed.   Read the article…………………………….
  • Homeowner gets bid but does not follow proper procedure (NV) February 19, 2024
    Q: One of the residents knows a company who provides barrier arm installation and requested we ask the company for a bid, which is totally fine in my opinion.  However, the problem stems from the resident bypassing the board and our management firm and directly contacting the company and not having it send the sealed bid to our management company to open at our meeting. Instead, the resident just passed out the bid to various other homeowners associaiton members.   Read ...
  • New Law Affects Contractor Retainage for Co-ops & Condos: Add Another Item to Boards’ List of Things to Worry About (NY) December 15, 2023
    As if New York co-op and condo communities weren’t under enough pressure from sluggish sales, high interest rates, and the ever-increasing volume of work required to comply with environmental requirements like Local Law 97, Governor Kathy Hochul signed a bill into law on November 17 amending Sections 756-a and 756-c of the New York State Prompt Payment Act. This law governs restrictions on retainage and invoicing of final payment by contractors in construction contracts.   Read the article……………………………..
  • Tendering for Condominiums (ON) November 25, 2023
    It is not uncommon that lawyers are asked to review signed contracts from clients after the lengthy tendering process has already been completed. But there are reasons why you may want to involve your lawyer much earlier on in the process and here are the reasons why:   Read the article………………………..

Vendors Article Archives




Vendor Contracts

  • Approving and Signing Association Contracts (OH) August 1, 2023
    Associations act through their boards of directors. This means that, for an association to take any action, the board of directors must collectively vote to approve that action. As it relates to contracts, boards of directors should vote to approve contracts and document all votes approving contracts in the association’s minutes. The minutes should read something to the following effect: “Motion made by Jim Smith to approve the contract dated July 31, 2023, with XYZ Landscaping. The motion was seconded. ...
  • Contracts and Community Associations (CT) July 11, 2023
    One of the items our office is often asked about is entering into contracts. Contracts are generally simple enough to understand. Party A agrees to provide a good or service to Party B. Party B agrees to pay Party A for said good or service. Seems like a simple proposition, so why do so many questions arise about contracts and community associations?   Read the article………………………..
  • Common Contract Concerns for Community Associations June 7, 2023
    Most community associations in Florida operate with the assistance of outside vendors. As such, many community associations do not have in-house staff to pressure wash sidewalks or maintain the elevators. Communities often have a compilation of contracts with multiple vendors ranging from one-page estimates with no contractual provisions other than price, to lengthy contracts with exhibits and many pages of small print.   Read the article………………………..
  • HOAs Must Understand Use and Power of Contracts May 16, 2023
    The board of directors in a homeowners association (HOA) is responsible for the functionality and governance of the community. One of the powers and duties delegated to the board of directors is the power to negotiate and enter into contracts, which is highly significant to the operation and bylaws of an HOA.   Read the article………………………..

Vendor Contracts Archives

Comments are closed.