The U.S. Treasury Department announced on March 2, 2025 that it will not impose any penalties or fines related to the Corporate Transparency Act’s (CTA) beneficial ownership reporting requirements, either under the current deadlines or after upcoming rule changes take effect. Additionally, the Treasury plans to revise the rule so that it applies only to … Read More ›

Condominium, homeowner (HOA), and townhome community associations have a responsibility to maintain common areas according to their governing documents. However, accidents can happen. Slip, trip, and fall claims are among the most common liability issues associations face. These claims can lead to costly litigation, increased insurance premiums, and potential financial strain on the community.

By understanding … Read More ›

Condominium, homeowner (HOA), and townhome community associations can face construction defect issues that can lead to costly legal disputes. Defects in design, workmanship, or materials can cause significant property damage and safety concerns that can leave associations to navigate repair costs, resident complaints, and potential litigation.

By understanding how insurance coverage applies, the role of builder … Read More ›

On February 17, 2025, a federal judge lifted the stay in Smith v. U.S. Department of the Treasury, effectively reinstating the nationwide injunction that prevented the government from enforcing the Federal Corporate Transparency Act (CTA).

Due to this court decision, the beneficial ownership information (BOI) reporting requirements under the CTA are back in effect. U.S. Department … Read More ›