If your association is not funding the reserves as recommended by the reserve specialist, the association would need to develop a funding plan designed in an actuarially sound manner which will ensure that sufficient money is available when the association is obligated to maintain, repair, replacement and restoration of the major components.
Cox Communications announced it is entering into a partnership with Henderson to pilot its smart technology in the city’s Water Street District Innovation Corridor.
CAMCO homeowners association management has some suggestions for homeowners to make the holidays more joyful and safe.
Yes, you should have received some 48-hour notice prior to the truck being towed. As to the six citations that the association claims on the truck, you have the right to receive copies of the citations and meet with the community manager. If the citations are not valid, you do have the right to seek reimbursement for the towing charges.
Removal of board members fall under Nevada Revised Statute 116.31036 (2). A removal election may be called by the homeowners constituting at least 10 percent or any lower percentage specified in the bylaws of the total number of voting members of the association.
A national organization of real estate professionals is coming to Las Vegas in February to “declare war on the decline of black homeownership” and given the rates in Southern Nevada, it will be the perfect locale to spread that message.
The association should be enforcing its regulations in addition to what actions the city of Henderson may take.
Las Vegas has yet to fully recover from the housing downturn a decade ago, and its homeownership rate remains well below the national average with the exception of Hispanics and millennials.
Under Nevada Revised Statute 116.3115, it is the association’s responsibility to properly fund the reserves as noted in section 2b, as follows: “The association shall establish adequate reserves funded on a reasonable basis …”
The Greater Las Vegas Association of Realtors (GLVAR) is preparing its biggest donation yet as a sponsor of the 21st annual 98.5 KLUC Chet Buchanan Show Toy Drive to help local children in need around the holidays.
