Category Archives: Management companies

HOA, condo & co-op corruption and fraud roundup (March 2019)

Posted on by
Arrest handcuff fraud theft

By Deborah Goonan, Independent American Communities This month: more condo HOA managers under investigation, several sentenced after pleading guilty to theft and money laundering; FBI probe in Miami; condo owners catch maintenance worker stealing their stuff. Illinois Condo President says former management company left them bankrupt CBS2 Chicago, reports that Drexel Condo Association President Natasha Neptune, has filed a complaint with Illinois Department of Financial Professional Regulation against the association’s former management company. Neptune says Continue ReadingHOA, condo & co-op corruption and fraud roundup (March 2019)→

Colorado HOA legislation – manager licensing, xeriscape (March 2019)

Posted on by
Xeriscape drought tolerant landscape

By Deborah Goonan, Independent American Communities Highlights of two important HOA-governed, common interest community bills in Colorado Legislature: Extension of manager licensing and xeriscaping of limited common elements. HOA property manager licensing law The Legislature is considering an extension of community association manager licensing, which became active in 2013, under the “COLORADO COMMON INTEREST OWNERSHIP ACT” (CCIOA), ARTICLE 33.3 OF TITLE 38. As previously explained here on IAC, July 2018 was the start of a Continue ReadingColorado HOA legislation – manager licensing, xeriscape (March 2019)→

Is the HOA management industry too big to fail?

Posted on by

By Deborah Goonan, Independent American Communities Each month I am fascinated by the bold attempts of the HOA industry to justify the need for the services of their professionals, as if the U.S. would go to hell in a handbasket, without the existence of HOAs. One prime example is the following opinion letter in the Arizona Capital Times, written by a community association management company CEO on behalf of the Arizona Association of Community Managers Continue ReadingIs the HOA management industry too big to fail?→

Can HOAs be reformed or should they be abolished?

Posted on by

By Deborah Goonan, Independent American Communities An interesting editorial written by David Sobotta in The News & Observer, entitled My descent into HOA hell in North Carolina, is both eye-opening and provocative. Sobotta explains how, after eight years of uneventful living in his HOA, everything quickly spiraled downward when the developer abruptly decided to hand over control to a volunteer homeowner board. Well, the way Sobotta describes it, it was more like dumping a lot Continue ReadingCan HOAs be reformed or should they be abolished?→