Gibson & Associates LLC is now the first and only management company in Southwest Virginia that has earned the Accredited Association Management Company credential. There are fewer than 240 management companies worldwide that have earned this highest level of professional recognition in the community association management field.
Although statistical data shows the battle against zombie mortgages (A property becomes a zombie when a creditor initiates foreclosure and the homeowner vacates then home. When the creditor fails to complete the foreclosure, title to the real property remains with the original homeowner, leaving the ownership “half dead” and “half living”) is being won nationwide, abandoned lots, vacant units and zombie properties continue to have negative impacts on communities throughout the United States (unkempt proprties, maintenance issues, rodents, unpaid assessments and lack of community spirit).
Through vigilance, community associations can effectively address conditions caused by these zombie properties.
Draft minutes from the March 2016 Common Interest Community Board meeting are now available.
Minutes from the December 2015 Common Interest Community Board meeting were approved yesterday and are now available.
Virginia Senate Bill 389 was approved by Governor McAuliffe on Monday, becoming effective July 1, 2016.
The Virginia Common Interest Community Board issued a Notice of Intended Regulatory Action (NOIRA) on December 28, 2015. The CICB intends to amend 18 VAC 48-50-253 and 255 to require only certain training for individuals renewing certifications and clarify training course content in reference to Virginia laws and regulations directly related to common interest communities.
Tuesday, Feb. 16 marked “crossover,” the milestone during the current session of the Virginia General Assembly session in Richmond where bills passed by the House of Delegates move to the Senate for debate and either approval or rejection, and vice versa. While many are just beginning their time in the alternate governing body some fast-tracked bills such as Del.
Even before the 2016 session of the General Assembly ends, Senator Chap Petersen expects to continue efforts in 2017 to abrogate restrictive covenants limited home-based businesses.
As two bills move through the Virginia General Assembly that would allow property owners to rent out their homes, or portions of their homes, for periods of less than 30 consecutive days, community association volunteer leaders must consider the impact short-term residential lodging will have on their community.
Governing documents of many (most) condominium, cooperative, and property owners association prohibit short-term rentals, use of the home for hotel or transient purposes and leasing only a portion of the home.