SB120, which the Kentucky Legislature recently passed and was signed by Governor Beshear, creates a new, statutory framework for planned communities (HOAs) throughout the Commonwealth of Kentucky. This new law creates new sections of KRS Chapter 381, and includes many important provisions for homeowner associations in Kentucky, which have historically lacked a uniform law that […]
Getting owners involved in your community association may not be easy. Apathy or indifference is an issue most boards will experience at some point. While increasing owner engagement in the community may seem like a difficult task, the benefits of doing so are worth it. Active and engaged owners can help the board understand concerns
Virtually all community associations collect assessments to operate and maintain their property. Each community association that collects assessments likely has multiple people involved in handling the funds the association collects. Whether it is an individual volunteer board member or a management company employee, every person handling the funds has a fiduciary duty to handle those
Ohio community associations are required to keep a current list of titled owners. This list is used to provide notice for upcoming annual meetings and notice of the next year’s annual budget. In order to properly identify the current titled owners in your community, the board should check the county’s records for the most up
Every condominium association is initially created by a developer, who controls the association during the beginning of the development period. During that time, the developer operates the association, but also is in the business of selling units. Because the developer wants to protect its investment, the developer makes certain decisions with that interest in mind.