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 of...
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...
by Angius & Terry | Feb 22, 2018 | Community Association General Counsel - NV
BOARD MEMBER FIDUCIARY DUTY: A Nuts and Bolts Approach Most board members and community managers have probably heard or been told that a member of the board of directors owes a fiduciary duty to the homeowners association. Most board members and community managers...
