Remove Compliance Remove Condominium Remove Contractors
article thumbnail

3 Common Misunderstandings About EEE Inspections

American Apartment Owners Association

Exterior Elevated Element (EEE) inspections are a vital part of keeping California multi-family buildings safe and compliant under SB721 (for apartments) and SB326 (for condominiums and HOAs). Ignoring the cycle can lead to non-compliance fines, insurance complications, or liability if an accident occurs between required inspections.

article thumbnail

HOA Collection Laws In The U.S. (50 States) For Fair Debt Collection

HOA Managememt

Here are some of the homeowners and condo association collection laws to take note of per state: Alabama In Alabama, community associations need to follow the Uniform Condominium Act (Alabama Code 35-8A-316) and the Homeowners Association Act (Alabama Code 35-20-12) for debt collection. Code Ann. 4-88-101 et seq.).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Does Balcony Inspection SB326 Mean for HOAs and Community Boards?

American Apartment Owners Association

Passed into law in 2019, this legislation directly addresses the structural integrity of elevated exterior elements—most commonly balconies, decks, walkways, and stairways—used by multiple families in condominium buildings. SB326 applies specifically to: Condominium projects governed by a homeowners association. Why SB326 Was Enacted?

article thumbnail

Ways to prolong your condo elevator’s useful lifespan

Condo Control

While that seems relatively long, consider this: it can cost $200,000 to $300,000 to replace a single elevator cab in a condominium! Instead of paying a premium to replace an entire cab or initiate emergency repairs, your condominium can budget accordingly and spend less on small repairs and adjustments.

article thumbnail

Best Property Management Books for Landlords: Top 9 Picks

Bay Property Management Group

Every Landlord’s Guide to Managing Property by Michael Boyer Here, Boyer offers a window into tenant retention, basic property maintenance, finding good contractors, accounting, and other key tasks. These books can give you a greater understanding of legal compliance, tax strategies, repair processes, and more. Griswold and Laurence C.

article thumbnail

What is multifamily property management and what are the benefits?

MRI Software

The types of properties managed within this sector include condominiums (condos), townhouses, and any other residential buildings with multiple rentable units. Property managers must plan and oversee all aspects of the property’s upkeep, from creating maintenance schedules to hiring and managing contractors and maintenance personnel.

article thumbnail

HOA Electric Car Charging Policy: Why Have One?

Mem Property Management

Establishing a written policy for how to handle charging stations will ensure consistent enforcement and compliance across the community. As an added requirement, you can stipulate that the plan must have been designed by a licensed and insured contractor.