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“Lame Duck” Sessions for Board Members; Interest and Late Fees on Delinquent Assessments
This content has been archived. It may no longer be relevantAre Outgoing Board Members Entitled to a “Lame Duck” Period? Q: I am a homeowners’ association (HOA) manager. I regularly encounter board members who assume they are entitled to a “lame duck” period after their successors are elected like what happens with the president of…
Friday Factoid – 2.01.13
If the United States Patent and Trademark Office (USPTO) registers a trademark or service mark, the mark will be registered only as it is used to identify certain branded goods or services. Marks may be registered in multiple classes of goods and/or services. For example, the USPTO registered SUPER BOWL for the National Football League…
Friday Factoid – 1.25.13
The secret recipe for Dr. Pepper’s soda is protected as a highly valuable trade secret. It is reported that only three people have access to the formula, which is kept in a locked vault at company headquarters. Source: http://www.cnbc.com/id/48755451/7_Sought_After_Trade_Secrets?slide=4
AGING CONDOS COULD BE TARGET FOR REDEVELOPMENT
Large Assessments for Repairs Could Prompt Decision for Bulldozing in Hot Areas This is an article I wrote for the Charlotte Business Journal in 2006 on potential redevelopment of aging condominiums. At that time, real estate prices were continuing to rise and land acquisition for infill projects was in demand. I stumbled on the article…
Can Charlotte HOAs prevent on-street parking?
By Michael S. Hunter Q: My homeowners’ association (HOA) has a restriction that says we cannot park on the street, but I have heard that they can’t do this because the streets are owned and maintained by the city. Who is right? A: This is a very common question. The crux of the issue is…
New Year Resolutions for HOA Boards
By Michael S. Hunter Another year has come and gone, and I have witnessed a great many homeowners’ association (HOA) conflicts, some of which might easily have been avoided. HOA disputes can be expensive, and they frequently generate unneeded animosity among homeowners and board members. This year, every person serving on a board for an…
Friday Factoid – 1.18.13
The original copyright law of the United States protected works of authorship for 14 years. Under current law, the copyright for a registered work lasts for the author’s life, plus 70 years or (for works made for hire) for at least 95 years. Sources: http://en.wikipedia.org/wiki/Copyright_Act_of_1790; http://www.copyright.gov/help/faq/faq-duration.html#duration
Friday Factoid – 1.11.13
According to Forbes, for 2012 the world’s most valuable sports brands are: 1) Nike (15B); 2) ESPN (11.5B); 3) Sky Sports (3B); Gatorade (2.5B); and Reebok (1.5B). Source: http://www.forbes.com/pictures/mlm45jemm/the-most-valuable-company-brands/#./?&_suid=135455045738608028400512768126
Don’t Miss This Upcoming Event: Board of Directors 101
January 29 – Board of Directors 101- Mike Hunter, Bill Hamel and Cynthia Jones will present to the North Carolina Chapter of the Community Associations Institute on January 29, 2013, at the Employers Association. Topics will include governing documents, conducting effective annual meetings, proxies and ballots, budget ratification, and more. To register for the workshop,…
Friday Factoid – 12.14.12
The creation of global top level domains (such as .com, .net and .org) (GTLDs) are administered by ICANN (Internet Corporation for Assigned Names and Numbers). ICANN recently allowed companies to apply for the right to administer a new GTLD. During this application period (which closed on May 30, 2012) several competing applicants requested the right…
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