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How to Collect Delinquent HOA Dues

This content has been archived. It may no longer be relevantQ. I am the treasurer of an HOA and need advice. We are a small community of 85 homes.  We had an attorney when we took over from the developer. We also had a management company.  Since neither one was responding to us in a…

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Homeowners’ Associations Can Provide Benefits

Do you have a neighbor who runs an auto-repair business out of his driveway, leaving junked cars scattered over his yard? How about an amateur racecar driver down the street who likes to tune his extremely loud engine at 1 a.m.? Or my favorite: The upstairs neighbor who kept an 80-pound dog outside on his…

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Friday Factoid – 11.30.12

The value of the intangible assets in the U.S. economy reached an estimated $14.5 trillion in 2011. Source: http://www.ipvalue-site.com/wp-content/uploads/2012/10/study.pdf

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Friday Factoid – 11.23.12

Patentable inventions must be novel, useful and not obvious.  The USPTO sometimes makes surprising determinations regarding what is patentable.  A few notable examples include patents issued for a hair comb over, a crustless PB&J sandwich and laser tag with cats. Source: http://www.computerworld.com/slideshow/detail/56621/Wild-and-crazy-patents#slide1

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Friday Factoid – 11.16.12

Domain names may cost $10 per year or less to register, and they can very quickly become very valuable intellectual property.  As of March 24, 2012, more than 70 domain names were sold via public sale for $1,000,000 or more. Source:  http://www.domaining.com/topsales/

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Friday Factoid – 11.9.12

Many celebrities earn substantial royalties long after they die.  Forbes reports that for 2012 the top earning deceased celebrities were Elizabeth Taylor ($210M), Michael Jackson ($145M), Elvis Presley ($55M), Charles Schulz ($37M) and Bob Marley ($17M). Source: http://www.forbes.com/special-report/2012/1024_dead-celebrities.html

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Friday Factoid – 11.2.12

A 1998 study by the Brookings Institution reported that 85 percent of Standard and Poor’s 500 (S&P 500) companies’ market value consisted of intangible assets. Source: http://www.wcl.american.edu/blr/01/2sorey.pdf

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What happens to HOA when developer folds?

Q. We live in a condo subdivision planned for 56 units. The developer has fallen into financial difficulty and has only sold six units. There are now 16 completed units. The developer is renting the remaining 10 units. Even though the six homeowners are paying $155 monthly as association dues, the developer is not providing…

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Friday Factoid – 10.26.12

Abraham Lincoln is the only U.S. President who was issued a United States patent.  This patent, No. 6,469, was granted on May 22, 1849 to Lincoln for a device to help lift boats over shoals and obstructions in a river. Source:  http://en.wikipedia.org/wiki/Abraham_Lincoln%27s_patent

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Friday Factoid – 10.19.12

During the first three quarters of 2012, the United States Patent and Trademark Office received 309,554 trademark applications (76% of which were filed for electronic processing) and registered 177,121 marks. Source: http://www.uspto.gov/dashboards/trademarks/main.dashxml

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