Ocean City MD condo owners file AG complaint over $2.6M project

By Deborah Goonan, Independent American Communities Three unit owners of an Ocean City condo building filed a complaint with Maryland’s Attorney General, shortly after they were hit with $18,000 – $40,000 special assessments per unit, slated for a $2.6 million exterior renovation project. Ocean Place Condominium Association plans an extensive renovation of the exterior insulation finishing system (EIFS) over the next two years. Construction would begin this fall, with the work scheduled in the off-seasons. Continue ReadingOcean City MD condo owners file AG complaint over $2.6M project

MD HOA legislation would change homeowner property rights (March 2019)

By Deborah Goonan, Independent American Communities Highlights of important bills (2019 session) affecting the rights of owners of property in homeowners and condominium associations in Maryland. Strengthening the right of condominium council of unit owners to sue developer Cross-filed bills would void certain language inserted in Declarations and Bylaws by developers, which have the effect of preventing lawsuits against the developer for breach of implied warranties. The bill applies to condominium associations only. In Maryland, Continue ReadingMD HOA legislation would change homeowner property rights (March 2019)

What is an HOA “Master Association?”

HOA suburb aerial view

By Deborah Goonan, Independent American Communities Do you live in common interest communities where you are required to pay assessments to more than one HOA — a Sub-association and a Master Association? Then you may be curious about the purpose of a Master Association. Think of a Master Association as an “umbrella” association that manages common areas shared by members of several different phases or sections of a large planned community, each governed by separate Sub-associations. Continue ReadingWhat is an HOA “Master Association?”

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

Arrest handcuff fraud theft

By Deborah Goonan, Independent American Communities   Long list of HOA theft and embezzlement in this month’s roundup, as well as attorney misconduct. The industry can no longer claim “isolated incidents.” Former manager accused of taking more than $100,000 from Lincoln Village area HOA By Wes Bowers Record Staff Writer Posted Jan 25, 2019 at 5:18 PM Updated Jan 25, 2019 at 5:18 PM STOCKTON — The former manager of a Lincoln Village area homeowners association Continue ReadingHOA, condo & co-op corruption and fraud roundup (Jan 2019)