HOA Client Alert: Corporate Transparency Act – Updates

Posted by & filed under Board Members, HOA Management, Real Estate, Top News.

What the Nationwide Injunction Means for Condos & HOAs A federal court has issued a nationwide injunction temporarily blocking the enforcement of the Corporate Transparency Act (CTA), originally set to take effect on January 1, 2025. The CTA mandates condominium and HOA board members to report beneficial ownership information (BOI) to the Financial Crimes Enforcement… Read more »

Squatters Rights In The U.S. Per State: Every HOA Should Know This

Posted by & filed under Board Members, HOA Management, Real Estate, Safety.

Believe it or not, squatters do have rights, depending on which state the property is located in. Understanding the different squatters’ rights in the U.S. is critical to both landlords and tenants. Landlords can know how to navigate eviction without infringing on squatters’ rights. Meanwhile, tenants or squatters can protect their rights. Why do Squatters… Read more »

Housing Experts Project Another Year of Growth for Condos and HOAs

Posted by & filed under HOA Management, Real Estate.

Community associations will remain a top choice for homebuyers in the coming year as the U.S. housing market is expected to see improvements in inventory, home sales, and prices coupled with more stable mortgage rates. Projections from the Foundation for Community Association Research, an affiliate of Community Associations Institute, estimate 3,000 to 4,000 new condominium communities… Read more »

Holiday Schedule 2024

Posted by & filed under Uncategorized.

All Blackstone Management offices will be closing on the dates below in observance of the upcoming holidays. Christmas Holiday: Closed Wednesday, December 25 and Thursday, December 26. Office will reopen on Friday, December 27, 2023, at 8:00 AM New Year Holiday: Closed Wednesday, January 1, 2025; Office will reopen Thursday, January 2, 2025, at 8… Read more »

Saving for the Holidays

Posted by & filed under Board Members, HOA Management, Holiday.

In these tough economic times, many of us are trying to stretch our dollars and keep our debt as low as possible. The following tips from the National Foundation for Credit Counseling (NFCC), offer easy ways to save: -Empty the change in your pocket into a jar each night. Pocket change can add up to… Read more »

Tips for Protecting Your Identity during the Holidays

Posted by & filed under HOA Management, Safety.

Identity theft is a problem any time of the year. But, while consumers are focused on giving during the holidays, crooks are focused on taking. If there’s one thing consumers don’t need, it is dealing with identity theft during the holidays. The National Foundation for Credit Counseling (NFCC) offers the following tips to help consumers… Read more »

Weekend Getaways

Posted by & filed under Uncategorized.

Summer vacations have come to an end, but that doesn’t mean all work and no play. With cooler weather, beautiful scenery and an array of local festivals, fall is the perfect time of year for weekend getaways close to home. For travel ideas, activity suggestions and trip planning, visit www.Recreation.gov. A partnership of 12 federal… Read more »

What is a Reserve Study and Why is It Important?

Posted by & filed under Board Members, Education, HOA Management.

A reserve study is a vital capital planning tool for HOAs and condominium associations that provides directional guidance and an in-depth analysis of community assets. The initial reserve study requires an onsite inspection and thorough examination of the reserve fund status to establish a prioritized schedule of capital improvement projects and a reserve funding plan… Read more »

Board of Directors Responsibilities

Posted by & filed under Board Members.

With the annual meeting season right around the corner, we wanted to answer a couple of questions as to the responsibility of positions. Take a look at the below and keep in mind that these do vary per community, however, this gives a good overview of what each position’s roles and responsibilities would be. The… Read more »

Reduce Home Energy Bills

Posted by & filed under Education, Real Estate.

U.S. homeowners can lower home energy bills, lower federal income taxes and increase home comfort by making energy efficiency home improvements that qualify for up to $1,500 in federal income tax credits. Consumers who make energy-efficient upgrades can also reduce their personal carbon footprint because using less energy at home means emitting less pollution too…. Read more »

High Times

Posted by & filed under Education, Health, HOA Management, Safety.

We wanted to share an article recently published in a national trade publication called Common Ground. The article entitled High Times covers the use of marijuana in homeowners’ associations around the country. We have been getting an increasing number of complaints about the smell and usage of marijuana and thought this article could bring light… Read more »