Condo and HOA Law

EQUES State of the firm 2024

State of the Firm 2024

“The Road goes ever on and onDown from the door where it began.Now far ahead the Road has gone,And I must follow, if I can,Pursuing it with eager feet,Until it joins some larger way,Where many paths and errands meet.”J.R.R. Tolkein EQUES® Law Group celebrates 14 years of our journey together! There are times I feel […]

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Corporate Transparency Act

What is the Corporate Transparency Act? Effective on January 1, 2024, the Corporate Transparency Act will govern corporations, and in summary, was enacted to prevent and detect financial crimes. The unintended consequence is that all corporations, unless specifically exempt (regardless of not-for-profit status) are required to report Beneficial Ownership Information.  This means that condominium and

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Updating your HOA and Condo Governing Documents

Known as “HOAs,” homeowners associations (as well as condominium associations) are organizations created for the common benefit of their membership. Governed by a group of volunteers, each HOA (or condo) is elected by the membership into vital (sometimes thankless) roles on the Board of Directors. But the Board aren’t all-powerful despots. Like the rest of

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Questions On Article Law Changes

Recently, our office received several questions about whether condominium owners must carry liability insurance on their respective units. These questions generally arise when a catastrophic event occurs, such as a fire or flood. The answer depends upon several factors.    First, a condominium association does not have to require owners to carry liability insurance on their own.

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