In 1978, Proposition 13, The People’s Initiative to Limit Property Taxation, passed within the State of California. This proposition limited the manner in which municipalities could assess property taxes. With the gravy train at an end, local governments began a frantic search to find new revenue streams to support city service. While it took them a while to figure it out, homeowners associations became pawns, and municipalities are now experts at shifting the financial burden of maintenance and ownership responsibility from the city to members living in deed-restricted communities. Read the article……….
According to data shared by the Condominium and Access Control Federation, between 2023 and 2024,…
In 2022, Veronica Solomon worried about a $1,300 hike in the annual cost of her…
The Interior Ministry has been assigned by the Cabinet to amend the Condominium Act, to…
A Richmond, B.C., man who was fined more than $11,000 for installing a heat pump…
Members of the Magodo Brooks Residents Association (MABRA) in Lagos State are divided over a…
Condominium associations will have to be more accountable to residents under a measure, crafted with…