Helpful Tips To Guard Against HOA Scams
EDITOR’S NOTE: This article originally appeared on the FirstCitizens Bank blog and is reprinted by permission of FirstCitizens Bank. HOA fraud is an unfortunate reality—and many of us will fall victim to attempted scams. The good news is that by staying vigilant, we can protect ourselves more effectively. Common HOA scamsOne common HOA scam is […]
Philadelphia Residents: Sign the Letter to City Council Opposing Sprinkler Retrofit Bill
CAI has been monitoring legislation (Bill 220299) in the City of Philadelphia that would require the installation of fire sprinkler systems in all existing high-rise condominium, cooperative and apartment buildings (buildings higher than 75 feet), costing unit owners and renters between $20,000 to $50,000 per unit. Beyond the impact on both market-rate rental housing and […]
Update on Philadelphia Sprinkler Retrofit Bill
CAI has been monitoring legislation in the City of Philadelphia that would require the retrofit of all high-rise buildings (buildings higher than 75 feet) in the city to provide for in-unit fire suppression sprinklers. The Bill has been on hold for many months, but that is now changing. Philadelphia City Councilmember Mark Squilla plans to […]
Is Your Electrical Panel a Fire Hazard?
I have often said that one of my most important jobs as a manager is to protect my associations. That includes my boards, the buildings, and the residents. I can’t police my properties 24/7, but I can be mindful of possible hazards, and eliminate as many as possible. An insurance inspection at one of my […]
Key Tips to Help Avoid Costly Fraud Attempts
This article courtesy of Nicole Skaro, CMCA, EBP, CIT – a Division of First Citizens Bank, Community Association Banking Division (CAB) Unfortunately, HOA fraud is a reality – and many of us will experience firsthand such scam attempts. The good news is that by staying vigilant, we can better protect ourselves. Among those HOA scams, […]