I have seen a few letters to the editor, asking the same question or even where the writer was demanding a credit on their assessments. I would ask my readers to review their 2020 budget. Regardless of the amenities not being used, associations still have operating expenses.
Under Nevada Revised Statute 116.325, neither the board nor the governing documents of an association can prohibit a unit’s owner or an occupant of a unit from exhibiting one or more political signs within the physical portion of the association that the owner or the occupant has a right to occupy and use exclusively subject to the following conditions.
Agendas that are sent out with the notification of the meeting are sometimes revised by the time of the meeting date. Generally speaking, this is a result of bids for services that were not received prior to the sending of the agenda. Other additions may require action by the board of unanticipated issues. As to prudent practices, when sending the notification of the board meeting, managers and board members should make the best effort to include a complete agenda.
Dear readers, with everything going on with the COVID-19 crisis, our homeowners associations need all the help they can get. We are all looking to our state agencies for director and guidance during these troubling times. Here is an announcement from the state Real Estate Ombudsman Charvez L Foger on towing in communities.
The COVID-19 pandemic will leave a mark on our Southern Nevada community, but as we have proven time and time again, we are resilient, and we will come back. We are Nevada Contractors. We are a major employer and partner to our community, and we have an obligation to maintain its health and vibrancy.
While it seems like the whole world is collapsing around us — let’s remember that “this too shall pass.” If you’ve checked mortgage interest rates recently you’ve probably been shocked by what your loan officer quoted you. While the Federal Reserve just reduced the federal funds rate to essentially zero — mortgage rates skyrocketed. What happened? What should you be doing now if you are an existing homeowner, or are considering a home purchase?
The virus and the closures of business have greatly impacted our community and now our homeowner associations. The financial impact upon our homeowners will be felt. Boards and managers may have to temporarily revise some of their policies as to delinquencies and precollection notices and provide extensions to allow homeowners more time to correct their violations as well as slow down the fining process. This is the time for our boards and managers to show some compassion as we work together, helping each other.
If you have not had the opportunity of taking a class concerning social media, I would highly recommend that you take the next one that is offered. I personally do not recommend my association managers or boards of directors to partake in the various social media sites, be it as a formal board member or community manager or as a board member responding to a homeowner.
Nevada Revised Statute 116.31175 (7) states the books, records and other papers of an association must be maintained for at least 10 years. Under NRS 116.3108 (8) and NRS 116.31083 (11), both the association homeowner meeting minutes and the board meeting minutes must be maintained by the association until the termination of the association.
Q: I am a board member of a 124-condo complex in Las Vegas. We have carports, of which each condo gets one assigned space to park. We have many guest parking spaces. Over time, some residents have as many as three to four cars, meaning these are parked in guest parking. We have no storage policy for vehicles. And there is no rule that says we can tow after three days if a car is not moved. Can an HOA regulate how many cars there are per condo? The board believes two cars per condo is enough. To make a rule of only two cars per condo will get rid of subleasing and many tenants in one condo. That will only make for more problems for our HOA.
Editor’s note: Listings include the resale home’s parcel number. The address listed is the homebuyer’s mailing address and not the actual location of the resale home. About 90 percent of these addresses reflect the home purchase. Check the parcel number to make sure. Also, a few transactions do not reflect the market value of the homes. The information is provided by Accudata, a local research firm. For the complete listing, visit RJRealEstate.Vegas.
The Ivan Sher Group of Berkshire Hathaway HomeServices Nevada Properties, the global firm’s No. 1 luxury team, announced its Nevada sales achievements for 2019. The team completed a record-breaking $323 million in sales, a 23 percent increase from its $262.7 million sales volume in 2018. The Ivan Sher Group’s sales volume accounted for 25 percent of all home sales above $1 million in Southern Nevada.
Realty One Group led the way in 2019 as the top real estate brokerages in Las Vegas for market share, and Berkshire Hathaway HomeServices Properties did the same when it came to luxury sales.
If a homeowner does not have the ability to screen their containers, the only alternative would appear is for you to store your containers in the garage. While the vegetative strip may act as a screen, the board does have the right to enforce its rules. You have the right to appear at a violation hearing and ask for a variance, which the board has the right to accept or not accept.
Summerlin, led by its communities The Vistas, The Paseos and The Ridges, along with Henderson swept the top five spots for having the highest median existing home price sales in 2019 — a year that showed overall price growth slowed in the valley and should continue to do so again in 2020, according to Brian Gordon, a principal at Applied Analysis whose firm prepared the annual report.
