The battle between the Formula 1 Las Vegas Grand Prix and local businesses continues, this time with a condo complex near the race track. The Meridian, located on Flamingo Road near Koval Lane, has 678 condos with about 2,500 residents. Its owners say the Las Vegas Grand Prix ruined their residents’ quality of life and […]
Tax dispute pauses restoration of four flooded dams in Midland and Gladwin counties (MI)
In a complaint filed in Midland County Circuit Court late last month, lawyers for the Heron Cove Association of property owners said the assessments are “grossly disproportionate” to any expected increase in the properties’ market value and amount to an unconstitutional taking of property without due process or just compensation. Read the article…………………………….
Collier, Lee condo fraud: Owners of management company indicted on federal fraud charges (FL)
The owners of American Property Management Services, who allegedly stole millions from dozens of Southwest Florida community associations, have been indicted by a federal grand jury. The 17-count indictment, filed in January, charges Orlando Miserando Ortiz and his wife Lina Munoz Posada with wire fraud, conspiracy to commit money laundering and failure to file income […]
Homebuilders work to stop bill to give earlier control of HOAs to homeowners (ID)
A bill aiming to give residents a say in their homeowners associations once most of the development is finished isn’t moving forward, for now. On Thursday, Rep. Jon Weber, R-Rexburg, brought HB 657 before the House Business Committee in the hopes of giving homeowners in developments with HOAs earlier control over the boards governing their […]
Regulation driving high cost of new condos in Hawai?i, according to UHERO report
Regulatory costs account for more than half (58%) of the price of a new condo in Hawai?i and are the major contributing factor to the highest housing costs in the country, according to a new report by the University of Hawai?i Economic Research Organization (UHERO) released on March 4. Read the article…………………………….
Breaking News: Federal Court Ruled Corporate Transparency Act Unconstitutional – Beneficial Ownership Information Reporting on Hold
In a surprise decision Friday night, a federal district court ruled that the Corporate Transparency Act (“CTA”) is unconstitutional, effectively placing the Beneficial Ownership Information (BOI) reporting on hold. By way of background, the CTA was enacted on January 1, 2021 as part of the 2021 National Defense Authorization Act as an attempt to prevent […]
Corona Woman Sentenced In Federal Embezzlement Case (CA)
A Corona woman was sentenced Friday to four years and nine months in federal prison for embezzling nearly $1 million from her employer. Jenev Boyd, 60, was sentenced by U.S. District Judge Sunshine S. Sykes, who also ordered her to pay $780,810 in restitution. Boyd was a long-time employee and director of accounting for Corona-based […]
Condo insurance woes strike Hawaii
As Hawaii’s Governor wages war on Maui short term rental unit investors, there’s an insurance sting in the tail for condo owners and would-be buyers across the state as it wrestles with property insurance challenges. Insurance costs for condo complexes have skyrocketed by anything from 100% to 1,000% since the devastating August wildfires, Read the […]
Thousands of California Homeowners to Lose Their Insurance
Thousands of California homeowners will be out of luck as American National Group stops offering the state coverage. American National Group, which was purchased by Brookfield Asset Management Reinsurance Partners for $5.1 billion around two years ago, is yet another insurance agency to leave the state as home repair prices surge amid wildfires and heightened […]
DeSantis says Citizens isn’t solvent. What would happen if it can’t pay out claims? (FL)
Florida homeowners shouldn’t rely on Citizens Property Insurance if a severe storm strikes the Sunshine State in the upcoming hurricane season, is the message relayed by Gov. Ron DeSantis on CNBC’s “Last Call,” which aired on Tuesday. Echoing concerns serious enough to instigate an investigation by the Senate Budget Committee into whether Citizens could afford […]
Residents can’t return home after massive tree falls through DeKalb Co. condo during severe storms (GA)
When the tree fell, there were families in every unit, except the one with the most damage. One condo owner told Channel 2?s Candace McCowan she was at the mall and might’ve otherwise been in her bedroom right where the tree fell. For now, none of the homeowners can return to their homes. Read the […]
NC House panel okays recommendations limiting power of HOAs
A state House panel Wednesday gave the final okay to recommendations they say would help curb abuses of power by community and homeowners’ associations in North Carolina. “We can’t make as many changes probably as some would like to see happen, but we do have a few suggestions in the way of this committee report,” […]
New roof or roof coating? Insurance companies enact new restrictions on roof coverings (FL)
It’s an option many homeowners make, opting to make improvements to their roof without a full roof replacement. But one condo association said their route of getting a silicone coating instead of a new roof has them at risk of being dropped. Barbara Schmal is the treasure of the Water’s Edge Condo Association in Largo. […]
Bill expanding oversight, accountability of condo boards clears final Senate committee (FL)
Legislation to shore up Florida’s condo laws and give state regulators more power to punish unscrupulous board members is bound for the Senate floor after clearing its final committee with uniform support. Passing the measure (SB 1178) would mark a major overhaul of state statutes governing condo oversight and management by providing for criminal penalties […]
Homeowners fight to keep rain garden in flood-prone James Island yard; can HOA be stopped? (SC)
Whenever it rained, Craig and Jamie Bussard knew their yard would flood. It became saturated every time the skies opened up ever since they moved into their home on Ocean Neighbors Boulevard in 2015. Over time, the Bussards just accepted it as their reality. But then they saw a way out: plant a rain garden, […]
‘We are homeless’: With rebuilding yet to begin, future unclear for some Timber Creek condo owners displaced by fire (IN)
Many residents of the Timber Creek condos have been neighbors for a long time, so it’s no surprise that they meet frequently for coffee or a meal. Except, it’s been nearly a year since many of them have lived in close proximity to each other, as a fire in April 2023 made 36 condos uninhabitable. […]
Homeowners Association Manager Embezzled Nearly $25K: Pinellas Sheriff (FL)
A former homeowners association manager faces charges after embezzling nearly $25,000 from the association, according to a Pinellas County Sheriff’s Office news release. Read the article…………………………….
For some residents of East Garrison, their dream home has become a nightmare. (CA)
The overarching story they all tell is that over the course of the last year-plus, leadership changes in the HOA – which has a board of four residents and one seat for a representative from a developer – combined with a new company managing the HOA, …… have turned what was once a peaceful, neighborly […]
Lake Monticello residents ready to take fight over water rates to Richmond (VA)
The water may be placid but the water rates are rising fast at Lake Monticello. Aqua Virginia, a utilities company which provides water and waste management to 36 localities across Virginia, has proposed an overall rate increase of 29.4% for its customers residing in the Fluvanna County gated community surrounding the manmade lake. Read the […]
HOA insurance premiums skyrocket across Colorado, driving up condo dues
To say Rosalie Hayes was stunned when she opened the letter describing a dues increase at her Arvada condo complex this year would be an understatement. “When I opened this letter, it was just like you could have knocked me over with a feather,” she said. “It was a shock.” Read the article…………………………….
Portsmouth homeowners association working to get ‘back to normal’ after leadership dispute (VA)
Newly elected homeowners association leaders of a middle class community in Portsmouth are working to get things back on track after fighting with a board residents say had been hijacked by some politically-connected individuals. Read the article…………………………….
The Surfside Effect: Adjusting to new regulations in the aftermath of the Surfside collapse
Carriers were quick to yank up insurance premiums when the first major hurricane in over a decade slammed Florida in 2017. Still, state and federal actions to mitigate the impact of climate change on housing infrastructure have been unrushed in the six years since. Then, on June 24, 2021, when a 12-story beachfront condominium in […]
Bill that would provide $175,000 to stormproof condos nears finish line (FL)
Condominium associations near Florida’ coast will get access to $175,000 per association in state funds for storm-proofing projects under a House bill that’s nearing the finish line. The Senate version of the bill does not have a cap. Read the article…………………………….
A CT dam disagreement emerges as climate change impacts state. ‘It’s for our safety… our family’
The lake is remote, nestled in the woods in eastern Connecticut, with just an appliance store and an auto exhaust servicer nearby. Ashford Lake’s 53 acres are surrounded by residences, members of the Ashford Lake Property Owners’ Association, who enjoy kayaking in the summer and ice fishing in the winter. Read the article…………………………….
‘Heartbeat of this HOA:’ Ocoee woman helps make neighborhood a community (FL)
Here at News 6, we get a lot of emails about neighborhood homeowners associations. Most are complaints that go to our investigative or consumer units. But residents of one Ocoee neighborhood felt so strongly about someone on their board, they nominated her for the News 6 Getting Results award. Read the article…………………………….
In New York, the Trump Brand Is Costing Some Condo Owners (NY)
When Donald J. Trump became president, condominiums in buildings emblazoned with his name began selling for less, according to an analysis. In the world of real estate, Donald J. Trump’s name has long been synonymous with luxury. Read the article…………………………….
Woman stole over $200K from Clearwater condominium complex, police say (FL)
A St. Petersburg woman was arrested Friday after police say she stole over $216,000 from a Clearwater condominium complex while she worked there as a property manager. Read the article…………………………….
HOA Homefront: Reader wants to know, ‘Is my dog allowed?’ (CA)
Q: I am hoping you could help me with my HOA that’s trying to remove my daughter’s support dog because of its weight and breed. They are threatening to come and have her removed because she got too big. Can they do this? It would devastate my daughter if they took her dog Read the Q&A………………………………..
Mother-daughter-boyfriend trio accused of defrauding West Kendall HOA; 2 arrested (FL)
Thirty-eight-year-old Yasnely Pedroso had once been fired from the Westwind Lakes Garden Homes Condominium Association, Inc. for destroying records, among other things, according to police. Enter her mother, Idoris Pedroso. According to Miami-Dade police, when the 63-year-old became board president, she rehired her daughter as an assistant. Read the article…………………………….
Army veteran whose condo insurance jumped 563% last year takes crusade to Tallahassee (FL)
Thomas Baker, the Daytona Beach Shores condo owner who complained about his building’s property insurance rate rocketing up 563% last year, took his concerns to Tallahassee this week.\ Unlike the lobbyists in their business suits, the 80-year-old Vietnam veteran and U.S. Army retiree wore his uniform to stand out in the Florida Capitol halls. Read […]
Housing Matters: Capital reserves study for HOAs on the horizon (CO)
During the recent Jan. 17 Aspen-Pitkin County Housing Authority board meeting, the APCHA board approved spending $170,000 to fund capital reserve studies for up to 40 APCHA homeowner’s associations. Read the article…………………………….
Inside the battle for the Hammocks HOA’s future leadership (FL)
Over a year after five people were charged with running a massive fraud at the Hammocks, the homeowners association is again embroiled in contention. Court-appointed receiver David Gersten has been overseeing the HOA since the November 2022 arrests of four ex-board members and a fifth person. Read the article…………………………….
Florida storm-proofing grant program may expand to condos
There is bipartisan support in the Florida House for a proposal giving condo associations money to harden their buildings against hurricanes. The proposal (House Bill 1029) is a pilot program designed to expand the My Safe Florida Home Program. It would allow condo associations, like residential homeowners, to pursue matching grant dollars Read the […]
Jacksonville condo owners shocked after being told they need to pay $13,000 by summer to make repairs to complex (FL)
Owners at a Jacksonville condo complex are stressed because they were recently told they need to pay up to $13,000 for improvements by this summer. The Board of Directors recently approved a special assessment for almost half a million dollars which means some units will have to pay almost $13,000 by June 30. Read the […]
Mayor Adams eyes NYC property tax breaks as co-ops, condos face crunch from ‘green’ mandate
Mayor Eric Adams said he’d consider property tax breaks for middle-class co-op and condo owners who have to pay for pricey building upgrades when a new “green” mandate icks in. Hizzoner said he was open to tax abatements as anxious residents brace for the costs of Local Law 97, which covers 800,000 co-op and condo […]
Tower III at Calypso Resort Condominium Association, Inc. releases statement on Tower III vacate orders (FL)
Legal representatives for the Tower III at Calypso Resort Condominium Association, Inc. have sent out a release regarding the recent Order to Vacate Property for the resort’s Tower III, issued by the City of Panama City Beach Building Department. Read the article…………………………….
Threats against Loxahatchee HOA members lead to discovery of explosive devices: Sheriff (FL)
The Palm Beach County Sheriff’s Office (PBSO) Bomb Squad discovered multiple types of suspected explosive devices in the home of a man accused of making threats against members of a homeowners association, a probable cause affidavit stated. Read the article…………………………….
Spanish Main Yacht Club installs $1M of potable water pipes (FL)
Chairman of the Water Committee Tom Freiwald said Spanish Main Yacht Club was a 55-plus community in both the age of its residents and potable water lines. Due to repeated system failures, the Spanish Main Yacht Club had to replace its potable waterRead the article……………………………. lines, which were original to the condominium’s construction in 1966.
Oldsmar woman accused of using $25K in HOA funds to pay her own bills (FL)
An Oldsmar woman is accused of using nearly $25,000 in funds from the HOA where she was a manager to pay her own bills, according to the Pinellas County Sheriff’s Office. Read the article…………………………….