Condominium Homeowner Association News
Summer 2012 - Imagineers Picks:
Condominium FInes and Assessments
CT Research Law Library - OLR Research Report (May 29, 2012) (click here) You asked if the law (1) limits the late fees or fines that common interest communities may charge units owners or (2) otherwise restricts how common interest communities can address an owner's failure to pay assessments:
Conflict Between Condo Declaration and Religious Preactices
Condo Reporter (May 14, 2012) (click here)In the vast majority of instances, it is important for condominium corporations to actively enforce their declarations, by-laws and rules. In fact, section 17(3)of the Condominium Act, 1998 (the "Act"), imposes an obligation on condominium corporations to take all reasonable steps to ensure compliance. However...
FHA May Ease Rules for Mortgages on Condos
Hartford Courant (May 19, 2012) (click here) Thousands of condo unit owners and buyers around the country could soon be in line for some welcome news on mortgage financing: Though officials are mum on specifics, the Federal Housing Administration is readying changes to its controversial condominium rules that have rendered large numbers of units ineligible for low down-payment insured mortgages.
From Good to Great - Principles of Community Association Success
Community Association Insurance (CAI)July 2012) (click here) Rights and Responsibilities for Better Communities; Community Association Governance Guidelines; Model Code of Ethics for Community Association Board Members.
Malloy Vetos Condo Legislation
Litchfield County Times (June 23, 2012) (click here) State Rep. Arthur J. O'Neill and State Sen. Rob Kane expressed disappointment upon learning of Gov. Daniel P. Malloy's veto of legislation that would have reformed the voting regulations for the Heritage Village condo community....
Roof Project Shut Down in Shelton
Ct Post(June 23, 2012) (click here) A roofer died earlier this year after he fell 39 feet from the rear of a unit at the condominium complex while installing skylights.
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