Call For A FREE Consultation
631-265-5550
The Law Seminar is an opportunity for community association attorneys across the country to meet and attend seminars in trending areas of community association law. Continue reading “Tackling Mental Health Issues in Community Associations”
Citing concerns over buildings with aging infrastructure and significant deferred maintenance projects, condominiums, co-ops and homeowners associations will have to provide an extensive review of safety, soundness and structural integrity conditions to determine if a purchase of a unit in a community is eligible for funding. Since Fannie Mae and Freddie Mac acquire a significant majority of residential mortgages, these guidelines will have a significant effect on the sales of units in community associations. Continue reading “PREPARING FOR THE IMPACT OF NEW FANNIE MAE AND FREDDIE MAC REGULATIONS”
In New York, amendments to the Business Corporation Law and the Not-for-Profit Corporation Law temporarily allowing annual meetings via Zoom or other electronic platforms were signed into law. But what about those Boards who still haven’t had their annual meeting or election despite the electronic meeting provisions? It is time to get back on track because failure to do so could leave you exposed to potential litigation brought by individual members or shareholders seeking to compel the Board to hold an annual meeting and/or election. Continue reading “STILL HAVEN’T HELD YOUR ELECTIONS? CONSIDER THE RISKS OF CONTINUED DEFERMENT”
He often mentions the Dutch concept of gedogen as being an integral aspect of the liberalism that has flourished in that corner of the world. Gedogenis defined as a form of tolerance in which something that is technically illegal is tolerated for the benefit of the community as a whole. Continue reading “GOING DUTCH”
Annual meetings are for more than providing information to the Community. They are also for electing Board Members who will be responsible for making the day to day decisions necessary to keep the finances and property in good order.
A well planned annual meeting and election is the key to finding good candidates and having a smooth transition and term for those elected. One way to begin the process of finding persons interested in running is to form a nominating committee. A nominating committee will seek candidates by canvassing the community, either in person or in writing, and assist the board in preparing the election materials prior to the annual meeting.
Continue reading “ANNUAL MEETINGS AND ELECTIONS”
The jury rendered a $20 million verdict for the plaintiff, which overwhelmed the HOA’s liability insurance policy limit of $2 million.
811 West Jericho Turnpike
Suite 101W
Smithtown, New York 11787-3227
Phone: (631) 265-5550
Fax: (631) 265-5590
Email: info@taylor-eldridge.com
Connect With Us: 
