Articles
How to Read a Condo Financial Statement
Understanding a condo financial statement is crucial for condo owners, board members, investors, and property managers. It provides a snapshot of the condominium association’s financial health, detailing revenue, expenses,...
How to Read a Reserve Study
A reserve study is a critical financial document that assesses the long-term maintenance needs of a condominium property. It helps ensure the condo association saves enough money to cover future repairs and replacements without excessive special assessments...
Preventing and Addressing Water Damage in Condo and HOA Communities: Guide for Board Members
Water damage is one of the most persistent and costly issues that condo and HOA communities face. Whether caused by leaky pipes, heavy rainfall, or common area maintenance problems, water intrusion can create havoc, damaging everything from drywall to flooring, and even furniture within individual units...
Financial Insight
Financing Information for Condos from Fannie Mae and Freddie Mac
Bulletin 2021-38
With a focus on ensuring safety and financial stability, particularly in light of recent building failures, Freddie Mac's Bulletin 2021-38 outlines temporary requirements and updates for condominium and cooperative projects...
Community Voice
The Inalienable Rights Of Hawaii's Condominium Owners
An open letter to state legislators, industry officials and members of condo boards.
By Marcia Kimura
May 8, 2024 · 5 min read
As we look forward to additional years of decision making for legislation, I would like to offer an overview of common sense rights condominium owners can rightfully assert. I hope that you will affix these to your sensibilities relevant to owner efforts to initiate legislation.
1) Most, if not all, condo owners are first Americans who have absolute constitutional guarantees of freedoms, including the rights to own property
