Condo-HOA Blog - Washington Condominiums
Buyer Beware
The Washington Condominium Act (WCA) implied warranties are again under attack by some in the building industry. In the 1990s and early 2000s there was a glut of terrible construction that resulted in huge repair costs and a lot of litigation. The WCA warranties provided recourse for many owners with construction defects during that time. The warranties have also forced the construction industry to raise the "industry standard" when it comes to quality construction. Removing such protections would pave the way for a repeat of past mistakes read more
Changes Coming in FHA Condominium Guidelines?
If you're a listener to "Condo and HOA Buzz" you heard over the past two weeks that Congress recently passed a bill that includes important provisions affecting all condominiums in the country. On February 2, 2016, HR 3700 was approved by the House of Representatives 427-0. The proposed law would streamline the FHA's certification requirements for condo projects, allow more commercial space in FHA-approved condo buildings, and relax current owner-occupancy requirements. read more
Explosions in the Sky
Setting off fireworks is a bright, colorful way to celebrate certain special occasions. While most commonly associated with the 4th of July, it is not unusual for people to set off fireworks on New Year's Eve and other holidays, as well. When the Seahawks won their first-ever Super Bowl in 2014, the Seattle sky was peppered with exuberant blue and green explosions—a night most of us won't soon forget. read more