Remove Article Remove Attorney Remove Compliance
article thumbnail

HOA Transition Checklist: Onboarding The New HOA Board

HOA Managememt

This is also the perfect time to discuss the board’s approach to compliance and enforcement. Legal and Regulatory Compliance The HOA board is also responsible for legal and regulatory compliance. The incoming board should also receive the contact information of the association attorney.

article thumbnail

BOI Reporting: Corporate Transparency Act Update (Feb. 2025)

Yardi Breeze

Original article What is the Corporate Transparency Act? This article covers where that leaves you and what you can do to avoid penalties. The bottom line : Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. Joe is clear on this point.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding the 1031 exchange timeline: A step-by-step guide for property managers

Buildium

In this article, well focus on 1031 exchange timelines, when you need to take an action and how long you have to take that action. Consult with Professionals: Work with a team of professionals, including real estate agents, attorneys, and tax advisors, to ensure all aspects of the exchange are handled correctly.

article thumbnail

BOI Reporting: Corporate Transparency Act Update

Yardi Breeze

This pause gives businesses a temporary break from the reporting requirements discussed in this article. What follows is our article in its original form. This article covers where that leaves you and what you can do to avoid penalties. Non-compliance may lead to steep penalties, including fines and criminal liability.

article thumbnail

A Fair Housing Challenge: The Use of Marijuana

American Apartment Owners Association

This article provides a comprehensive overview for property management professionals to manage these legal complexities efficiently, fostering a compliant and supportive community environment. Furthermore, consulting with a fair housing attorney is crucial to establishing a robust, consistent verification process that meets legal standards.

article thumbnail

BOI Reporting: Corporate Transparency Act Update (Late 2024)

Yardi Breeze

Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). As we write this article, thats up to $591 per day.

article thumbnail

BOI Reporting: Corporate Transparency Act Update (Late 2024)

Yardi Breeze

TL;DR : Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCEN’s BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). What if someone isn’t sure what to do next?