New Hampshire Condo & HOA News

• Treasury Department Announces Suspension of Enforcement of CTA March 12, 2025
  On March 2, the US Treasury Department announced via press release that not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing Corporate Transparency Act (CTA) regulatory deadlines, but it will further not enforce any penalties or fines against U.S. citizens or domestic reporting companies or their beneficial owners after the forthcoming rule changes take effect either.   Read the article…………………………….
• New Hampshire Mobile Home and Condo Property Taxes Inexplicably Triple January 21, 2025
  Living in a mobile home or condominium in New Hampshire won’t save you money this year.  Residents in Rochester experienced a dramatic spike in their tax property tax bills — with some seeing bills nearly triple following city-wide property value reassessments. What’s caused ire for many locals is that mobile home values shot up by 208%, while condo values rose 94% compared to a year ago. Meanwhile, single-family homes saw values increase by 73%.    Read the article…………………………….
• Rochester mobile home, condo owners speak out on big tax hikes: It’s not ‘right or fair’ (NH) January 8, 2025
  Residents of mobile homes and condominiums are speaking out after the city’s property revaluation process resulted in large tax increases, on average much higher than what single-family homeowners are seeing.  A report by Marybeth Walker, the city’s interim chief assessor, shows the disparity. Condo values went up 94% on average and mobile home values went up 208%,    Read the article…………………………….
• Fire in Jackson destroys four-unit condo building (NH) December 23, 2024
  No one was injured when a two-alarm fire tore through a four unit condo on Hurlin Lane Sunday morning and destroyed the building. A cat was saved but a dog might not have survived.   Read the article…………………………….
• Condo Column: Legislative Changes – 2024 – Part II (NH) December 14, 2024
  In addition to the changes to the law on proxies for association meetings noted in the last column, the Legislature this past year also addressed what boards of directors can and cannot do outside of meetings.   Back in 2016 the Legislature noted that board members could not conduct association business outside of meetings, not even at “social gatherings.”   Read the article…………………………….
• Condo Column: Legislative changes – 2024 – Part I (NH) November 26, 2024
  In 2016 the Legislature amended the section of the Condominium Act that deals with proxies, creating a “directed” proxy. But they did not define what it meant, leading to some confusion. In 2024 they defined it.   Read the article…………………………….

New Hampshire News Archives

New Hampshire Condo & HOA Articles

• Q&A: Clothesline Conundrum (NH)
  Q. Nice weather has arrived in New England, and electric rates have skyrocketed. I thought it would be a good idea to put a clothes line on my condo deck, both to save money on the electric bill and to enjoy that fresh air-dried feel of my clothes. But as soon as I did it, I was approached by a member of our condo board who said clotheslines and racks are not allowed. With all the interest in solar power, ...
• Condos, Co-ops & Social Media
  While some condo and co-op communities have tried social media platforms like Facebook, Instagram, TikTok, or Twitter/X as ways to build community spirit and facilitate better communication between neighbors, management, and even the board, most have remained ‘old-school,’ sticking with newsletters, bulletin boards (both digital and cork) in the lobby or mail room, and email blasts to residents.     Read the article…………………………….
• How Climate Change Affects Landscaping Keeping Your Greens Green
  More rain, higher temperatures, altered growing seasons; the effects of climate change are not just felt at the macro level, but at the micro level, too—and perhaps even more profoundly. For the myriad of professionals who tend our grounds, gardens, and rooftop oases, these effects must be dealt with in real time, day by day, but also with an eye to future planning. The changes wrought by our warming planet will not reverse, so some strategy is necessary in order ...
• Q&A: To Insure or Not to Insure?
  Q. Given the recent disasters on both the East and West Coasts, from flooding to fires, it seems obvious that property insurance is important. But it’s also getting very expensive. Owners who have mortgages are required by their banks to carry insurance, but if you own your property with no mortgage, is it still required?  Read the Q&A………………………………..
• How Self-Managed Communities Manage Their Business: Staying Smart & Solvent
  One of the certainties of living in a condo, co-op, or HOA is that despite all having an equal stake in the financial and administrative success of the building or association, only a small percentage of residents choose to take an active role in the governance and management of their communities. In addition, many buildings and associations contract with a management company to help execute their boards’ decisions and handle the day-to-day supervision of the property.   Read the article…………………………….
• Clear Communication From Digital Portals to Personal Connections
  In multifamily communities, transparent and open communication helps ensure smooth operations and leads to greater resident satisfaction.  When it comes to property management, both traditional and more tech-savvy communication approaches, from personal interactions to digital portals, can help a building team operate successfully. A carefully considered full-spectrum approach keeps the lines open for residents, board members, and managers to exchange information clearly and efficiently.    Read the article…………………………….
• Understanding Management Fees: Minding the Bottom Line
  Among the many factors necessary for multifamily residential buildings to achieve financial stability, proper budget planning, compliance, and trust among shareholders, effective fee management is one of the most important. Understanding the billing structures property management companies use with different client communities can help determine which one is the best fit for your particular building or HOA.   Read the article…………………………….

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