KSN is proud to introduce Brainy Board – a streaming service and educational resource for new and experienced board members throughout the country.
Brainy Board provides on-demand access to videos addressing condominium, homeowner (HOA), and townhome community association concerns and legal issues.
To create your free Brainy Board account today and start watching our library of on-demand videos, … Read More ›
“Budgets and Reserves” – KSN attorneys Kelly Elmore and David Savitt discuss budgets and reserves for condominium, homeowner (HOA), and townhome community associations. Topics include inflation challenges, expenses, capital improvements, special assessments, reserve studies, best practices, and more. (53 mins.)
The KSN Podcast examines various aspects of association law, landlord/tenant issues, property tax appeals, and more.
In … Read More ›
The Federal National Mortgage Association (FNMA, otherwise known as Fannie Mae) and the Federal Home Loan Mortgage Corporation (FHLMC, commonly known as Freddie Mac) have both created new sets of requirements impacting condominium associations in recent years.
These new guidelines were primarily in response to the partial collapse of a Surfside, Florida condominium building in 2021. … Read More ›
A thriving community starts with a thoughtfully prepared budget. Financial planning helps ensure a stable future for any condominium, homeowner (HOA), or townhome association. Accordingly, board members must take their financial responsibilities seriously.
Generally, a budget should include the association’s estimated annual revenue, expenses, and reserve fund contributions. Board members, community leaders, and property managers should … Read More ›