By David C. Swedelson, Senior Partner and Joan Lewis-Heard, Senior Associate at SwedelsonGottlieb It is a good day for the Bridgeport Community Association, a SwedelsonGottlieb client. Today escrow closed and this association was paid the sum of $147,375.65 for the attorney’s fees and costs the Association incurred to obtain the…
By David C. Swedelson, Senior Partner, SwedelsonGottlieb As you have likely noticed, lately there have been a lot of significant earthquakes all over the world. Haiti, Chile, New Zealand, and Japan. Since May 1st, California has experienced over 400 earthquakes, most too small to be noticed. But experts say that…
By Sandra L. Gottlieb, Senior Partner, SwedelsonGottlieb Our firm’s work with United Laguna Hills Mutual, a large master community association, is attracting some attention. Follow this link to an article from the Orange County Register. SwedelsonGottlieb assisted the association in crafting a new rule to deal with this association’s serious…
By David Swedelson, SwedelsonGottlieb Partner Japan’s massive earthquake has caused many of us to be concerned about earthquakes in California. A March 20, 2011 L.A. Times article reports that the Japan quake has created a surge of interest in earthquake insurance in California. The article reports that only about 12%…
Senate Majority Leader Ellen M. Corbett (D-San Leandro) has introduced SB 561 which will, if signed into law, make some fairly significant changes to the law impacting how California community associations collect delinquent assessments. Senator Corbett has been quoted as saying that “[u]nscrupulous debt collectors are increasing the amount owed…
Blog post by David C. Swedelson, Partner, SwedelsonGottlieb How many times have you heard a delinquent condo or HOA homeowner (or their attorney) complain that the fees and costs of collection are almost as much as the amount of the unpaid assessments or fees they owe their community association? I…
Blog post by David Swedelson, Partner, SwedelsonGottlieb On May 6, 2011, the Community Associations Institute (CAI), the Institute for Real Estate Management, the National Association of Home Builders and the National Association of Realtors united in calling for greater transparency and opportunity for public input into the development of Federal…
By David Swedelson, Esq., Senior Partner, SwedelsonGottlieb Check out this interesting article about former potential presidential candidate, TV star and real estate mogul Donald Trump and all his bankruptcies. Four, to be exact. They do not seem to have stunted Trump’s prospects. The article addresses how Trump has made bankruptcy…
By Sandra L. Gottlieb, Partner, SwedelsonGottlieb Now that the “spot loan” approval process (which allowed for on-the-spot FHA approval of an association for the benefit of a buyer) has been eliminated, it is only possible for an owner or prospective purchaser of a condominium to obtain an FHA-insured loan if…
Blog Posting by David C. Swedelson, Partner, SwedelsonGottlieb Mother’s Day is coming up, and I was thinking about my mom, who passed away almost 25 years ago. I still remember some of the sage advice she handed out, although I must admit that, at times, I did not appreciate everything…