CO Supreme Court decision may please home builders, but can home buyers count on safe, well-built homes? By Deborah Goonan, Independent American Communities A recent Supreme Court decision in Colorado proves, once again, that stakeholders in the real estate industry such as developers and home builders, hold an unfair legal advantage over homeowners. The fix was in when governing documents for Vallagio at Inverness Residential Condo Association’s were created by Metropolitan Homes, Inc. – Continue ReadingDoes court victory for home builders create more risk for condo owners?
By Deborah Goonan, Independent American Communities A sample of construction defects that plague Association Governed Housing Communities in the U.S. (Homeowners’, Property Owners’, Condominium, and Cooperative Associations in Common Interest Developments) Several questions come to mind: How are developers getting away with building poorly designed and constructed housing? What is the role of the municipality or county in ensuring that owners and residents are not investing their hard-earned money in unsafe, unhealthy housing and/or inferior Continue ReadingHOA, Condo Construction Defects roundup (Fall 2016)
By Deborah Goonan, Independent American Communities I love it when I get the opportunity to present two different HOA reports side by side. It illustrates the level of controversy in the industry, and provides the reader with perspective. One hot issue is how to deal with shoddy construction of homes, particularly in condominium and townhouse communities with mandatory owners associations. Construction defects pose serious problems for any HOA or condo community where members share Continue ReadingState legislators want to prevent multi-million dollar HOA, condo construction defect verdicts
By Deborah Goonan, Independent American Communities Community Associations Institute (CAI) often claims that, by way of representing homeowners, condominium, or cooperative associations, it also represents all homeowners living in Association Governed Housing. But CAI is a trade group made up primarily of community association managers and attorneys. Most of the “homeowner” members are from a select group of HOA board members, rather than HOA members at large. As I have said before, and I’ll say Continue ReadingWhat is CAI’s Public Policy on HOA Construction Defect claims?