Condo Media - June 2017 - 51

impact in this area. And, while giving
the environment an assist, associations
could simultaneously reap the benefits
of solar. In this respect, I can put my
money where my mouth is, so to speak. I
recently added solar to a property. While
I am not creating an advertisement here,
there is a solar company operating in
this area that will provide the equipment

and installation at absolutely no cost.
For an investment of $0.00, it's hard to
beat the feeling of examining a chart
documenting the fact that a building is
generating more electrical power than it
is consuming. By the way, these folks put
a new 10-year warranty on a roof once
they perform an install on it. In sum, this
particular piece of environmentalism

proves to be a "win-win" (beyond the
obvious saving of the planet).

n GARY M. DADDARIO, ESQ., CCAL,
IS A PARTNER WITH THE LAW FIRM OF
WINER & BENNETT, LLP.

NHLAC LEGISLATIVE UPDATE

BILLS RECEIVE "OUGHT TO PASS"
Both HB 501 and HB 502 have left the Commerce Committee with "ought to pass" recommendations.
So, these may be the newest bills to become law impacting New Hampshire condominium associations.
n HB 501 simply provides specifics regarding unit owners' rights to obtain copies of meeting minutes. The provisions are

rather fair in that it is necessary for a unit owner to submit a written request and an association is afforded time to respond.

n HB 502 provides specifics regarding unit owners' rights relative to obtaining an association's financial information.

Again, it is a rather fair measure as written requests are required and time to respond is afforded to the association.

Updates on these and other bills will be provided in future NH news columns.

Solutions geared specifically for
Condo Associations and Property Managers
* Capital improvement and repair loans
up to $50 million
* Amortization schedules up to 15 years
* 10 year fixed loans
* No personal guarantees required
* Revolving lines of credit

* Draw periods for construction projects
* Competitive interest rates on loans and
deposits
* Condo Association team assigned
to support all of your Association or
Management Company banking needs

Contact one of our Condominium Association Banking specialists for more info:
Timothy W. Murphy
774-454-9918
Timothy.Murphy@RocklandTrust.com
Jen Macaluso
781-982-6566
Jennifer. Macaluso@RocklandTrust.com

www.RocklandTrust.com/CAB
Subject to credit approval.

Member FDIC
June 2017

51

Condo Media - June 2017

Table of Contents for the Digital Edition of Condo Media - June 2017

Table of Contents
Condo Media - June 2017 - BB1
Condo Media - June 2017 - BB2
Condo Media - June 2017 - Cover1
Condo Media - June 2017 - Cover2
Condo Media - June 2017 - Table of Contents
Condo Media - June 2017 - 2
Condo Media - June 2017 - 3
Condo Media - June 2017 - 4
Condo Media - June 2017 - 5
Condo Media - June 2017 - 6
Condo Media - June 2017 - 7
Condo Media - June 2017 - 8
Condo Media - June 2017 - 9
Condo Media - June 2017 - 10
Condo Media - June 2017 - 11
Condo Media - June 2017 - 12
Condo Media - June 2017 - 13
Condo Media - June 2017 - 14
Condo Media - June 2017 - 15
Condo Media - June 2017 - 16
Condo Media - June 2017 - 17
Condo Media - June 2017 - 18
Condo Media - June 2017 - 19
Condo Media - June 2017 - 20
Condo Media - June 2017 - 21
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Condo Media - June 2017 - 23
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Condo Media - June 2017 - 28
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Condo Media - June 2017 - 31
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Condo Media - June 2017 - 40
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Condo Media - June 2017 - 42
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Condo Media - June 2017 - Cover3
Condo Media - June 2017 - Cover4
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