The HOA Blotter: May 7, 2017

Dateline: Portland, OR - This weeks' round-up of HOA horror stories includes the case of a  22 unit,  single-building condominium in the Portland area that was forced to levy a special assessment to pay for exterior building renovations after 37 years of under-funding its reserve account. While it is true that many HOAs end up … Continue reading The HOA Blotter: May 7, 2017

Rogue Boards & The Wall of Silence

A rogue wave is a wave in the ocean that does not have the same characteristics as a normal ocean wave. Typically they are much larger than a normal wave; occur unpredictably and do not behave like a normal wave. As a result the rogue wave can wreak havoc and destruction on nearby boats and … Continue reading Rogue Boards & The Wall of Silence

Reserve Studies: The Importance of Objectivity

Why is it important that the reserve study be prepared by an impartial, third-party provider? This is a question that many reserve study providers would just as soon not have to answer. It is also one that the industry itself has chosen to address in only a passing manner by requiring that the reserve study … Continue reading Reserve Studies: The Importance of Objectivity