As FHA insured mortgages become more and more prevalant in the Ohio condominium lending market, many board members and professional property managers have inquired as to whether a condominium association has the duty to become FHA approved. As the article linked below from HOA Leader indicates, while there is no duty that condominiums obtain approval, many of the “smart” condominiums are doing so:
FHA Condominium Approval Required?
Jeffrey Kaman
Jeffrey E. Kaman is the Administration Department and Columbus Office Chairs. Jeff earned his law degree from the Cleveland Marshall College of Law, after graduating with honors from Loyola University Chicago with degrees in Honors History and Political Science.
All Blog Posts
Categories
Recent blog Posts
A Baker’s Dozen – Risky Actions by Community Association Board Members
How to Avoid Common Pitfalls as an Association Board Member It is well-established that Association ...
Read More →
Basic Tips for Handling Short-Term Rentals in Condominiums and HOAs
Is your community located in a popular vacation area? Or experiencing a large public event ...
Read More →
Three Kaman & Cusimano Partners recognized as Super Lawyers and one recognized as a Rising Star
Kaman & Cusimano is proud to announce that Partners Joseph J. Cusimano, Darcy Mehling Good, ...
Read More →
CTA Update!
We end 2024 and begin 2025 with yet another Corporate Transparency Act update! The full ...
Read More →
