Condo Media - March 2011 - 46
LEGISLATIVE UPDATE
ANOTHER } {
BUSY YEAR
CAI Legislative Action Committees Have a Lot on Deck
associations, ensuring their ability to collect unpaid assessments from owners who lose their units in foreclosure. The legislature rejected the lien when it was introduced as a standalone measure in the last legislative session, but the LAC
E
very year seems to bring its share — and sometimes more than its share — of challenges for CAI Legislative Action Committees (LAC). This year is no different. The committees in Maine, Vermont, Rhode Island and Massachusetts are gearing up for what promises to be a busy year for all of them.
Maine
The Maine LAC is proposing a package of amendments to the state’s Condominium Act, designed to eliminate inconsistencies resulting because condominiums are covered by two different statutes: The Unit Ownership Act, applying to communities created before 1983, and the Condominium Act, applying to those created after that year. The amendments the LAC is proposing also would address many issues that aren’t covered by either measure. The legislative package includes a six-month priority lien for community
hopes making it part of a broader package will improve its prospects this time around. The fact that every other New England state has now adopted the priority lien “creates some momentum that we think will help us,” says Bruce McGlauflin, an attorney with Petruccelli, Martin & Haddow, and chairman of the Maine LAC. Two other foreclosure-related measures would extend the term of an association lien from three years to five (necessary, McGlauflin explained, because the foreclosure process sometimes takes longer than three years) and allow communities to begin assessing fees following a foreclosure as of the date of the foreclosure sale. Currently, assessments don’t begin to accrue for the successful bidder at a foreclosure sale (usually the mortgage lender) until after the sale is recorded, which may not occur until several months later, resulting in continuing losses for the community. Other key amendments the LAC is proposing (many of them
46
CONDO MEDIA • MARCH 2011
Condo Media - March 2011
Table of Contents for the Digital Edition of Condo Media - March 2011
Condo Media - March 2011
Table of Contents
From the CED’s Desk
Editorial Board
CAI News
CAI Regional News
Asked & Answered
Homeowner’s Corner
Net Gain
Vendor Spotlight
Landscaping
Maintenance
Legislative Update
Advertisers Index
Classified Service Directory
Condo Media - March 2011 - Condo Media - March 2011
Condo Media - March 2011 - Cover2
Condo Media - March 2011 - Table of Contents
Condo Media - March 2011 - From the CED’s Desk
Condo Media - March 2011 - 3
Condo Media - March 2011 - Editorial Board
Condo Media - March 2011 - 5
Condo Media - March 2011 - CAI News
Condo Media - March 2011 - 7
Condo Media - March 2011 - 8
Condo Media - March 2011 - 9
Condo Media - March 2011 - 10
Condo Media - March 2011 - 11
Condo Media - March 2011 - 12
Condo Media - March 2011 - 13
Condo Media - March 2011 - 14
Condo Media - March 2011 - 15
Condo Media - March 2011 - 16
Condo Media - March 2011 - 17
Condo Media - March 2011 - 18
Condo Media - March 2011 - 19
Condo Media - March 2011 - CAI Regional News
Condo Media - March 2011 - 21
Condo Media - March 2011 - 22
Condo Media - March 2011 - 23
Condo Media - March 2011 - Asked & Answered
Condo Media - March 2011 - 25
Condo Media - March 2011 - Homeowner’s Corner
Condo Media - March 2011 - 27
Condo Media - March 2011 - Net Gain
Condo Media - March 2011 - 29
Condo Media - March 2011 - 30
Condo Media - March 2011 - 31
Condo Media - March 2011 - 32
Condo Media - March 2011 - 33
Condo Media - March 2011 - 34
Condo Media - March 2011 - 35
Condo Media - March 2011 - Vendor Spotlight
Condo Media - March 2011 - 37
Condo Media - March 2011 - Landscaping
Condo Media - March 2011 - 39
Condo Media - March 2011 - 40
Condo Media - March 2011 - 41
Condo Media - March 2011 - Maintenance
Condo Media - March 2011 - 43
Condo Media - March 2011 - 44
Condo Media - March 2011 - 45
Condo Media - March 2011 - Legislative Update
Condo Media - March 2011 - 47
Condo Media - March 2011 - 48
Condo Media - March 2011 - 49
Condo Media - March 2011 - 50
Condo Media - March 2011 - Classified Service Directory
Condo Media - March 2011 - 52
Condo Media - March 2011 - 53
Condo Media - March 2011 - 54
Condo Media - March 2011 - 55
Condo Media - March 2011 - 56
Condo Media - March 2011 - Cover3
Condo Media - March 2011 - Cover4
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