For many months, we’ve seen that Bank of America foreclosures have been completely stalled. There are a number of reasons for this, not the least of which is the fact that BOA took over a multitude of sub-prime loans when Countrywide went belly…
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You may have already noticed that recording fees in King County have gone up! Effective September 1, 2012, recording fees are now $72.00 for the first page of your document (an increase of $10.00) and $1.00 for every page thereafter. Follow this link…
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If you missed this morning’s webinar “New Budget Process for HOAs and New Act Condos“, you’ll be able to listen to the playback shortly by visiting the Webinars page of our firm website. All of our previous webinars are archiv…
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We hope to see you at Community Association (CA) Day 2012, Washington’s largest Educational Home & Trade Show for Condos & HOAs, on Saturday, October 20th at the Washington State Convention Center in Seattle. Details about the program and t…
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A condominium association is a named insured under an association’s property insurance policy, but the owner of each unit within the condo is also insured under the policy. A Washington court recently held that tenants of unit owners are also p…
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We hope this finds you well as spring is desperately trying to arrive in Washington state! Your colleagues, boards and homeowners are welcome to participate in our Wednesday webinars. Unable to participate in our webinars? We always record them for p…
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On Tuesday March 20th, 2012, the property managers at Bell-Anderson & Associates, LLC will be hosting a board training seminar at the Kent Senior Center at 6:30pm. Join them to discuss the role of homeowners’ or condo association board members…
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Did you miss our webinar on the NEW Budget Process for HOAs and New Act Condos on October 12th or the WSCAI educational seminar on this topic held on November 12th? You still have an opportunity to see it again! We are happy to schedule a ‘live’…
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Effective January 1, 2012, changes in Washington’s reserve study laws will go into effect. These changes, among other things, affect the content of reserve studies, add reserve study reporting requirements to the budget summary associations must pr…
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So you get a notice that an owner has filed for Chapter 13 bankruptcy. What to do? If you said, “close the file and write off the balance,” not so fast! Here are 5 things that every manager and board should keep in mind. Deadlines Pass by Quickly…
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There are some upcoming statutory changes affecting all community associations in Washington State, effective January 1, 2026. These changes pertain to delinquencies, notices to owners about their delinquency, limitations on what associations can cha… Read More
We are getting lots of questions about the Corporate Transparency Act (CTA) and how its reporting requirements affect community associations. Did you know that last week, FinCen published its Beneficial Ownership Reporting Outreach and Education Tool… Read More
Did you know that the “WUCIOA for all” bill also makes changes to WUCIOA as it governs communities already subject to the statute? Most of those changes will take effect on June 6, 2024, while the “for all” portion of the bill does not take e… Read More
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