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WSCAI’s Earth Day Project

Each year, in honor of Earth Day, WSCAI’s Community Outreach Committee solicits nominations from member communities that are in need of assistance with landscape and general spring cleanup. From those nominations the Committee reviews and selects a deserving community. A big Congratulations goes out to Silver Glen Cooperative for being the 2016 recipient.

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“Getting away” in an HOA:  What can associations do about vacation rentals?

“Getting away” in an HOA: What can associations do about vacation rentals?

Vacation rentals are incredibly popular today. They provide extra income to homeowner “hosts” and inexpensive accommodations for vacationing “guests,” but can impose unwanted burdens on community associations. What can associations do to address these burdens?

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UCIOA Update

The WSCAI LAC actively participated in the political process surrounding Senate Bill 5263, the Uniform Common Interest Ownership Act. A public hearing was conducted in Olympia February 4th with testimony provided by the UCIOA drafting group, representatives of the building and banking industries, homeowners and the LAC co-chairs.

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UCIOA

The Washington State Legislative Action Committee for CAI (LAC) has announced that Senate Bill Senate Bill (SB) 5263 – the Washington State Uniform Common Interest Ownership Act – was filed on January 16, 2015, and referred to the Financial Institutions & Insurance Committee. The sponsors are Senators Pedersen, Benton, Mullet, Fraser, Roach, Hobbs, Rivers, and Fain.

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Condominium and HOA Insurance – Risk Management Budgeting

Each year an association’s board of directors is entrusted with budgeting for the upcoming fiscal year. This would typically be spearheaded by the management firm, if one is retained, and would be predicated on historical information, known increases in pricing of goods and services, and other factors material to your specific needs. One thing is for sure, if you are a condominium association, invariably the insurance premiums can be one of the largest line items on your budget. This is because of the requirement to insure the property.

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Chapter Magazine

journal may 2023

May 2023 Issue

Journal Advertising Partners:

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