Condo owner questions Board requirement on property insurance

Posted on Wed, Jan 28, 2015 @ 08:00 AM

Tags: Board of Directors, Condo & HOA Law, CCR, Bylaws & Rules, Disabilities & Owner Rights, Condo Association Insurance, North Carolina

North Carolina Condo Association Board has questionable requirement for personal insurance policy 012815 resized 600

I am a member of a North Carolina Condo Association.  Can the Condo Association require that a condo unit owner put the name of the Association on personal property insurance (as with a mortgage company)?

This is not in the Declarations or Bylaws, and our Board of Directors has a tendency to make up rules as they see fit, without taking a vote from the condo owners.  We provide to them a copy of our insurance policy, but they do not have a right to that money anyway.

If I am responsible for damage, then my insurance will cover it.  I don’t feel the Condo Association has any right to the money in the same way a mortgage company would.  Am I wrong?

HOA Board member billing inappropriate expenses to the HOA

Posted on Thu, Dec 18, 2014 @ 08:00 AM

Tags: Condo Association Management, Board of Directors, CCR, Bylaws & Rules, Fees, Foreclosures, Delinquencies & Collections, North Carolina

Condo Board member owes monies to HOA 121814 resized 600

For the second time this year, a member of our HOA Board has submitted expenses for items that were contrary to responsibilities for the HOA. For the first expenditure, the Board admonished the member and included an explanation of why. For the second expenditure, the member will be asked, with the approval of the other Board members, to return the monies to the HOA.

Based on my four-year history on the Board with this member, they will undoubtedly refuse to return the monies. A motion will then be entertained to excuse the person from office, without cause (our Bylaws permit this), for the remainder of their term, which is at the end of this month.

I have reviewed Robert’s Rules and have not found an answer to this question. How can we prevent this person from nominating themselves at the election next month and not allow them on the ballot for at least one year?

How can condo association cost effectively run emergency phone lines?

Posted on Tue, Oct 28, 2014 @ 08:00 AM

Tags: Condo Association Management, Board of Directors, Condo & HOA Law, CCR, Bylaws & Rules, Fees, Foreclosures, Delinquencies & Collections, North Carolina, Building & Property Security

condo association emergency phone lines 102814 resized 600

I am a member of a North Carolina condo association, and have a question regarding condo unit emergency phone lines. We are required by law to have dedicated phone lines for the fire alarm and elevator, along with a backup phone line for the fire alarm. For three condo buildings, that is a total of nine business lines.

Does anyone have suggestions on alternative, more cost effective solutions?

How does each state regulate property managers differently?

Posted on Mon, Jun 23, 2014 @ 08:24 AM

Tags: Florida, New York, Property Management, Condo Association Management, Board of Directors, Condo & HOA Law, CCR, Bylaws & Rules, South Carolina, New Jersey, Taxes, Iowa, Illinois, California, Pennsylvania, Minnesota, Ohio, Michigan, Massachusetts, Missouri, Maryland, North Carolina, Delaware, New Hampshire, Georgia, Connecticut, Washington

HOA and condo management state regulations 062814 resized 600

I'm interested in finding how each state regulates the HOA /condo association property managers?

What does HOA do about delinquent homeowner falling further behind?

Posted on Wed, May 18, 2011 @ 07:50 AM

Tags: Fees, Foreclosures, Delinquencies & Collections, North Carolina

We have a delinquent homeowner has no job getting farther behind. What are options in North Carolina?  We have followed all rules about warning, late charges, interest charges, etc. She has promised regular small payments, but has not made them. We know she hasn't much money, but she doesn't pay small amounts from what she has. We have told her we will file a lien, but haven't. What are the legal ramifications for that?

Property manager has bad financial reporting to condo association

Posted on Sat, Jan 29, 2011 @ 11:29 AM

Tags: Budgets & Finance, Property Management, North Carolina

Our North Carolina-based condo association has had a new property management company for 6 months. The financial records they send to the board each month are VERY hard for any of us to figure out. Lots of abbreviations and very little actual information, as far as I can tell. Maybe an accountant would be able to figure them out, but we're not accountants. We have asked them for invoices, so that we can at least match checks paid to what work was actually performed, but they are balking at this. I'm spending way too much time every month asking follow-up questions, and then it's like pulling teeth to get a clear answer. Any suggestions?

Board is withholding condo association insurance claim from owner

Posted on Wed, Mar 31, 2010 @ 06:39 AM

Tags: Budgets & Finance, Condo Association Insurance, North Carolina

Board President deposited a settlement check from the Condo Association insurance claim month ago for a claim I submitted to the Master Policy. He delays paying me the several thousand I was awarded and the money is not in escrow but is in an income account. He stalls claiming the Condo Association Insurance documents are confusing to him although the Insurance representatives have explained it serveral time and have sent him a 30 documentation. The Insurance Company can not do more. I tried reporting this matter to the NC Real Estate Commission who said it is out of their jurisdiction. Is there anything I can do .. other than hire a lawyer I can't afford. The President seems to be enjoying my frustration.