Retired Chicago condo owners could soon lose their home to deconversion

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By Deborah Goonan, Independent American Communities debgoonan@icloud.com Less than 2 years after they decided to retire in their Chicago condo, Eddie and Colleen Soto were shocked by news of a vote to sell the building to investors for a deconversion. The Sotos have owned their condo a 2 East Oak since 2008. Except for the year they rented their unit to a colleague, they enjoyed their Windy City condo on weekend getaways from their hectic Continue ReadingRetired Chicago condo owners could soon lose their home to deconversion

California legislative updates: HOA election reform and more (Oct. 2019)

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By Deborah Goonan, Independent American Communities debgoonan@icloud.com It took two years, but this week, Governor Newsom signed an important HOA Election Reform bill that will change the HOA election process “by ensuring that HOA members are not disenfranchised,” according to Senator Bob Wieckowski [D-Fremont]. The new law makes several changes to the Davis Stirling Act, and applies to all common interest communities in the state of California. For starters, all association-governed communities are now required to Continue ReadingCalifornia legislative updates: HOA election reform and more (Oct. 2019)

California HOA election bills await Governor’s signature

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By Deborah Goonan, Independent American Communities Debgoonan@icloud.com Updated Sept. 24, 2019   It’s been 5 months since IAC posted an update on two hotly-debated common interest community HOA election bills. After months of vigorous attempts by trade group lobbyists to defeat it, SB 323 has passed both chambers of the California Legislature. However, the HOA-industry’s favored election bill, SB 754, also awaits Governor Newsom’s signature by Oct. 13, 2019. Here’s a summary of both bills. Continue ReadingCalifornia HOA election bills await Governor’s signature

HOA humor: how to select the best board candidates

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By Deborah Goonan, Independent American Communities debgoonan@icloud.com As HOA-governed communities prepare for their annual meetings, board members may try to hand-pick their favored candidates. How do they choose the best people for the job? Here’s a satirical explanation. ♦ How to select ideal HOA, condo, co-op board candidates