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HOA Collection Laws In The U.S. (50 States) For Fair Debt Collection

HOA Managememt

No specific federal law governs collection practices specifically for HOA communities. Most debt collection practices are governed by state law, and your specific homeowner’s associations governing documents tackle the process. In a nutshell, this law governs how these agencies should collect debt and unpaid dues.

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Run better HOA board meetings: Tips and tools for association managers

Buildium

As the governing body, the board is responsible for making decisions that uphold the community’s governing documents, maintain financial stability, and address homeowner concerns. These materials may include financial reports, proposed budgets, contractor bids, and correspondence from homeowners.

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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Advertising to influence government legislation, however, is never deductible. Employees and Contractors If you hire one or more employees, your payroll, as well as costs such as health insurance and other benefits are fully deductible. When you hire an independent contractor, that cost is deductible, too.

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Bill 30 could make condo living easier in Alberta

Condo Control

Alberta has tabled legislation that aims to improve governance in condominium communities. Bill 30 , the Service Alberta Statutes Amendment Act, 2024, would impact three different Acts: Condominium Property Act Prompt Payment and Construction Lien Act (PPCLA) Public Works Act (PWA) Developers and contractors would also benefit from this Act.

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What to Know Before Renovating a Deck or Patio

Real Property Management Chicago

Building permits A building permit is a legal document issued by a local government body that authorizes homeowners to construct or renovate their properties. Renovations may entail expanding the usable space, enhancing the design, replacing worn-out components, and incorporating contemporary technology.

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10 Hottest Topics for Multi-Family Real Estate Investors in 2023

Nest DC

Location and Proximity to Government Institutions: One of the key advantages of investing in multi-family properties in Washington, DC is the proximity to government institutions, including the White House, Capitol Hill, and various federal agencies.

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5 HOA Terms Every Board Member Needs to Know

Mem Property Management

Governing Documents The declaration, bylaws, operating rules, articles of incorporation or other documents which govern the operation of the association. The governing documents , sometimes referred to as the CC&R’s (Conditions, Covenants, and Restrictions) is where the HOA and the board get their authority.