The HOA and police have contacted the owner and his property manager when they have chased vagrants from their unit. However, the owner and property manage are indifferent and have done nothing to properly secure the unit.
Homes Columns
Rapid surge in property values has introduced affordability hurdles for many millennials, those born between 1981 and 1996, and Gen Z individuals, those born between 1997 and 2012, making the dream of homeownership intangible. Therefore, understanding how to provide support to these buyers has become increasingly important.
In addition to imposing cybersecurity insurance and data protection requirements for homeowners associations’ online assessment payment processors, SB378, which was adopted this session and went into law earlier this year, helps HOA protect homeowners’ private information and streamlines the email notification process.
In the dynamic world of real estate, success is often measured in numbers — deals closed, properties sold, profits made. But beneath the surface of these metrics lies a vital force that drives a company’s true achievements — its culture.
Pursuant to SB 378, that was adopted this session and went into law earlier this year, entities processing homeowner payment transactions are now required to maintain a minimum of $5 million dollars in cyber-security insurance “that provides coverage for losses arising out of or relating to data breaches, unauthorized intrusions into an information system, computer viruses, ransomware, identity theft and similar exposures.”
According to reports by Coldwell Banker, 2023 will be a record-breaking year for apartment complex completions in Las Vegas as 19 high-end multifamily developments have or will be completed this year or by early 2024 — adding 7,000 units to the city’s inventory. By contrast in 2022, only 882 units came online.
Is it possible for the HOA to purchase flood insurance for the complex even though it is not in a high-risk flood zone?
Assembly Bill 309 allows HOAs to utilize electronic voting for elections and recalls. It also allows HOAs to use autopay and opens the door to development of new management transition requirements.
Lately with the real estate market being so hectic with inventory down and interest rates up clients — both buyers and sellers — have asked me what is the difference between a Realtor and someone else who also has a real estate license but they are just a real estate agent.
The board is striving to keep this a nice place to live, where our now grown kids enjoy coming back with theirs for visits.
A home inspection is a crucial step in the process of buying or selling a property. For both real estate agents and homeowners, understanding what to look for in a home inspection is essential to ensure a smooth transaction and make informed decisions.
You can contact the Regional Flood Control District that can tell you if your home is in a designated flood zone.
First, there should be no issue for the management company to inform you as to the checklist that is used by the inspector.
Homeowners do have the right to meet to discuss their concerns about their association. Unlike board meetings which have to be disclosed to the membership, this group can have private undisclosed meetings.