Assessments

Hot Rental Markets, Deferred Maintenance, and Deconversions

Recently, a condominium community in Chicago, by a vote of almost 80% of its owners (75% was required by the governing documents), accepted an offer to sell the building to an investment group that will turn its 188 units into apartments.  According to the Chicago Tribune, […]

Excuses, Excuses, Excuses!

If you’ve been in the business long enough (and long enough is a week), you’ve heard plenty of excuses!  Association members who pay their assessments late or not at all come up with some very interesting excuses.  Here are a few of the most common […]

The 2018 Colorado General Assembly Regular Session is Off and Running!

The General Assembly got underway yesterday, January 10, 2018 and 130 bills have already been introduced. We will be keeping on top of issues that affect debt collection and community associations, so make sure to check back regularly for updates. HB-1057 was introduced in the […]

What to Expect When You Are … Increasing Your Dues!

In the vain of the popular pregnancy book, What to Expect When You’re Expecting, this article will discuss what to expect to hear from members of your communities when you are increasing your dues.  Many association assessments will increase in the new year and it isn’t […]