Condo-HOA Blog - Bellevue
Last Minute Budget Advice for Washington Communities
By now, many communities in Washington will already have prepared, and maybe even had budgets approved, for 2019, but we wanted to get in one last reminder that because WCIOA's budget section applies to all condos and HOAs, your budget may be a little different this year, and you may have a little explaining to do at the budget ratification meeting. But whether the application of the WCIOA budget provision at RCW 64.90.525 is simple or not depends upon whether you are working with an HOA or Condo. Below are some highlights of the differences you may have to explain to owners. read more
Foreclosure: Judicial vs. Non-Judicial
In both Washington and Oregon, community associations that have lien rights for nonpayment of assessments have two options when considering foreclosing on units or lots: judicial or non-judicial foreclosure. Whether a foreclosure is judicial or non-judicial is significant as each have their own processes, procedures, and timelines for terminating the owner's ownership interest in the property. read more
Water Damage: Do You Have A Plan? and Have You Communicated the Plan?
Water events are common. Roof leaks, window failures, plumbing leaks, failed hot water tanks and dishwasher melt downs are going to happen. The only question is when. Sometimes the problem is discovered immediately and sometimes a leak can be hidden, resulting in significant damage prior to discovery. read more
Social Media - Some Pros & Cons
I think we can all agree that social media is becoming more and more pervasive. What used to be an occasional diversion to reconnect with high school friends, has become a significant source of news and social and political engagement for everyone from the Greatest Generation to Gen Z'ers. Of course, this includes homeowners and board members, many of whom believe social media should be a public square to discuss and debate association issues, and even to allow owners to air grievances. However, whether or not social media is a good thing for community associations is debatable. read more
I Don't Think We're in Kansas Anymore
Kansas, of course, is in the heart of Tornado Alley and home to the most famous tornado of them all: the one that swept Dorothy into the Land of Oz. Recently, however, Oregon and Washington felt the effects of multiple tornadoes. Two tornadoes touched down in Oregon in October. Tornado warnings were also issued for several cities in Washington. The tornadoes and strong winds wreaked havoc on homes across Oregon and Washington. Although not frequent, tornadoes do occasionally touch down in both Oregon and Washington. Because we are not accustomed to tornadoes, many are probably wondering whether their homes and associations are covered. Fortunately, property damage caused by strong winds and tornadoes are typically covered under standard homeowner policies. To be safe, a simple phone call to your broker or agent will confirm the coverage. read more