Renting Your Condo? Concerned About Liability?
You should be! Read this story about AirBnB liability, and please share your comments here, as well.
And You Think It’s a Challenge to Maintain Your Hot Tub?
A Syracuse landowner, Mike Thayne, has a rather ambitious dream. It appears from his website that he wants to build a community, Still Water Lake Estates, with a waterskiing lake as a common element. Here’s how he summarizes his dream:
One of those career moves took our family to Sacramento, California and I had the opportunity to ski in a novice slalom tournament at the Bell Aqua Lakes. I don’t recall doing very well in the tournament but I will never forget how cool I thought it was and how awesome I thought it would be to have a home that backed up to your own lake with your boat ready to go at a moments notice. And then I said to myself – this is where I want to live someday.
That was many years ago and while I have continued to ski at numerous venues around the world, I never really thought the dream of living on my own lake would become a reality. So you can imagine how excited I am about this project. It has been in the works for two years already and finally the stars are aligning and this life-long dream is taking shape.
I suppose you could call this the “Lake of Dreams.” Let’s hope he builds it and, as they say, “If you build it, they will come.”
Preparing for “The Big One”
Hobbs & Olson will be participating in next week’s Great Utah ShakeOut, a statewide earthquake drill to encourage earthquake awareness and preparedness. There’s a lot of information being distributed about earthquakes in Utah this month, which seems eerily timely, in light of the recent major earthquakes in Indonesia, Mexico and Baja, California, and the lesser earthquake near Panguich Utah.
You, your business and/or your community association can sign up to participate here.
And, in the interim, you can watch the video on this link.
Join Me in Las Vegas!
Readers of this blog may be interested in booking a trip to Las Vegas next month; CAI’s Annual Conference will be held at Caesar’s Palace from May 2-5, and I’ll be teaching the M204 course on Community Association Governance on April 30 and May 1. The M204 course covers the following areas:
When to use an attorney
What the governing documents require
When a document amendment may be necessary
Statutes and case law that affect community management
How to distinguish the corporate roles of community association boards, committees, and managers
How the management contract affects and protects the manager and the association
How to tell when you’re legally acting as an agent
Which situations could lead to conflict of interest or unethical decisions
How to avoid common problems when developing and enforcing rules
How to revise existing rules and develop new ones
How to enforce architectural rules
Good Points, New York Times
The New York Times recently had an article on the importance of renter’s insurance; everything the article asserts is true — probably even more true — for owners in condominiums and other community associations. The article encourages buying insurance, but also explains what coverages you should look for, and what to do if you have a claim.
And, as I’ve pointed out previously, it’s really, really important for Utah community association owners to have insurance. Under the new 2011 laws, you’ll be responsible for any damage to your unit and its contents, up to the association’s deductible. And I and many others are suggesting that associations should consider increasing that deductible.
Your Voice? Your Vote?
The Poll below was prompted by the disclosure that a Florida association/developer donated $250,000 to a SuperPAC.
