HOA News Digest 1-19-07

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Community Association Transition Checklist When it comes time to transfer control of the association from the developer to the owners, it always helps to have a little list handy:

Homeowner Association Taxes and Audits The first of the year is tax time for most HOAs. With few exceptions, HOAs must file both federal and state tax returns by March 15th.

The Rules of Renting a Condo Part I To an unsuspecting tenant, a condominium looks a lot like an apartment unit. Yet tenants moving into a condominium face an environment that's quite unlike a typical apartment building.

The Rules of Renting a Condo Part II Common areas of misunderstanding include rules and regulations, repair responsibilities and the consequences of the owner's nonpayment of homeowner association (HOA) dues.

Associations' rules can really hit home "It's a useful thing," said Cohen, who is the secretary of the Berkeley Square Homeowner's Association. "In general, they may get a bad reputation, but in the end, the association helps maintain a certain quality of life."

IN: Legislation aims to keep HOA election disputes out of courtWalz authored Senate Bill 27 which requires parties in a dispute involving the election of a director or officer of a homeowners association to first attempt to resolve the issue through the use of a mediator instead of going to court.

Meeting Planning, 10+ Tips for Starting (and Finishing) Your Meetings on Time Your meetings often start late and run over time, but it doesn't have to be this way. It's time to take your meetings more seriously!

Mentally Retarded Sue, Charging Condo Discriminated The condominium board of a Washington Heights building is facing a discrimination lawsuit on behalf of five mentally retarded adults who want to move in. The lawsuit, filed recently in federal court in Manhattan, is the latest chapter in Margaret Puddington's effort to find a suitable home for her son and four of his friends.

ASK THE EXPERT

Paul Mengert, CEO of Association Management Group is a 20 year veteran of the HOA industry. He was commissioned by the US Government to write materials concerning the operations and management of homeowner associations. He is an alumnus of Harvard Business School, teaches advanced management classes for the Community Associations Institute (CAI) and has also taught in the Harvard Alumni Program at Queens University Business School.

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