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Declarant Reserve Account Underfunding

Declarant Reserve Account Underfunding

by Angius & Terry | Mar 7, 2018 | Community Association General Counsel - NV

Declarant Reserve Account Underfunding   Pursuant to the Nevada Revised Statutes (“NRS”) Chapter 116 – Common-Interest Ownership (Uniform Act), Nevada homeowners associations are required to establish adequate reserves for the repair, replacement and restoration...
Revised FHA Guidelines Will Strongly Impact Eligibility Of Condominium Developments For FHA Financing

Revised FHA Guidelines Will Strongly Impact Eligibility Of Condominium Developments For FHA Financing

by Angius & Terry | Feb 22, 2018 | Community Association General Counsel - NV

Newly Revised FHA Guidelines Will Strongly Impact Eligibility Of Condominium Developments For FHA Financing Federal Housing Administration (FHA) recently enacted revisions to its Condominium Project Approval Process. A condominium project must be approved by FHA in...

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