Condo-HOA Blog - Seattle Condominium Attorneys
Is a Loan Right for Your Community?
At a time when many condominiums are old enough to require major repairs or renovations, community associations can be overwhelmed by the cost. The word is definitely out that a community association loan may be a viable option for many communities. In contrast to a lump sum special assessment, the ability to pay a loan back over a period of years has the potential to lessen the financial impact on owners. Of course, there are costs associated with any loan, including origination fees, interest, attorney's fees, etc., but these tend to be relatively small in relation to the loan size, and often are only charged if the loan closes and can be paid with loan proceeds. read more
Oregon Trailblazing
A large part of my practice is assisting associations and property owners with first party insurance claims. For those I haven't had a chance to work with, a first party insurance claim is a claim against an association or owner's own property insurance policy. These claims often involve significant property damage to properties that are past the statute of limitations to pursue the developer or contractors that built or converted the project. Washington has been ahead of the curve with respect to recovery on first party claims. Oregon, for reasons too lengthy to discuss here, has generally been unfavorable to first party claimants. read more
Guiding Principles for Enforcement Hearings
Since our enforcement hearing presentation at WSCAI's Made for Managers Day a couple of weeks ago, we have been getting a lot of feedback on the variety of procedures employed for community association enforcement hearings, generally with the question "is it okay to do it this way?" First, a big thanks to all of you who attended our presentation (and MFMD 2017 in general)! Second, the primary takeaway from our presentation and, for those of you who did not attend, for enforcement hearings in general is twofold: 1) Follow your governing documents; and 2) be reasonable. read more
Summer is Prime Community Time
One of the primary objectives of a community association board of directors is to facilitate and encourage a sense of connection within their physical community. read more
Consider the Source
The internet can be a wonderful resource but BEWARE: Not everything you read on the internet is true or accurate. It is also not a substitute for professional advice. read more