North Carolina’s legislators returned to Raleigh on Wednesday, and contractors, real estate professionals and developers are watching to see what legislation may be considered that will make their work easier or more difficult, more lucrative or less profitable. Among issues ...Read More »
Community associations can become cash-strapped for a variety of reasons—unexpected large repairs, increased utility expenses, weather-related emergencies, or simply years of poor planning. Often the current board members are not the ones to blame. After all, they are simply trying ...
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Gov. Pat McCrory on Monday signed the “Planned Community Act/Declarant Rights,” or House Bill 330 into law. The bill, sponsored by Reps. Rob Bryan, R-Mecklenburg; Paul “Skip” Stam, R-Wake; Tom Murry, R-Wake; and John Szoka, R- Cumberland, was drafted to ...Read More »
CHARLOTTE – While the housing market continues to recover, many homeowners associations are still feeling the consequences of the recession. Foreclosures are down, though there were still 2,328 bank-owned homes in the Charlotte-Gastonia-Concord metro area in September, according to RealtyTrac, ...Read More »