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ideas that workfor community associations October 6, 2011 Legislative Update,  Green Issues and  Innovative Collection Strategies Jeremy Tucker   Jason FisherRuth Katz Lerch, Early & Brewer, Chtd. www.lerchearly.com
Legislative Update Green Issues Collection Strategies Q&A Overview 2
New Laws as of October 1 Priority Lien Portion of condo/HOA lien has priority over mortgage claim  HOA Board Election Disputes may go to Maryland Attorney General  Condo Insurance Amendment Only 51% of owners' approval                    needed to require insurance 3
WSSC Mixed-Use Billing Changes Classification: “high flow” Options Pay higher rate Install sub meter Seek waiver 4
Update on Smoking  MoCo ban on smoking in hallways, laundry rooms, lobbies and other indoor common areas of multi-family homes and playgrounds, including HOA playgrounds Law covers apartments and condominiums Must post signs 5
Green Issues What is green? Renewable resources Reducing footprint 6
Green Statutes § 2-119 of Real Property Article – Solar Panel §14-130 of the Maryland Real Property Article Section 40-3A of             Montgomery County Code Renewable Energy Devices 7
What’s Covered? 8
Emerging Trends 9
Innovative Collection Strategies Collection trends How to get paid before other creditors 10
What Methods Are Available? Review governing docs Suspension of privileges Form leases for investor owners Adopt & implement policies Collect information early 11
Speakers 12 Jeremy Tucker represents community associations and condominiums in a wide range of matters, including general counsel and litigation. jmtucker@lerchearly.com Jason Fisher provides skilled representation to community and homeowners associations, condos and co-ops and is recognized as a leader in the community associations field. jefisher@lerchearly.com Ruth Katz represents community associations in a variety of litigation matters. rokatz@lerchearly.com (301) 657-0157 (301) 657-0743 (301) 657-0188
For more information 13 Lerch, Early & Brewer, Chtd. 3 Bethesda Metro Center, Suite 460 Bethesda, MD 20814 (301) 986-1300 www.lerchearly.com Thank you for your participation

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community association legislative update green issues-collections strategies-lerch early

  • 1. ideas that workfor community associations October 6, 2011 Legislative Update, Green Issues and Innovative Collection Strategies Jeremy Tucker  Jason FisherRuth Katz Lerch, Early & Brewer, Chtd. www.lerchearly.com
  • 2. Legislative Update Green Issues Collection Strategies Q&A Overview 2
  • 3. New Laws as of October 1 Priority Lien Portion of condo/HOA lien has priority over mortgage claim  HOA Board Election Disputes may go to Maryland Attorney General  Condo Insurance Amendment Only 51% of owners' approval needed to require insurance 3
  • 4. WSSC Mixed-Use Billing Changes Classification: “high flow” Options Pay higher rate Install sub meter Seek waiver 4
  • 5. Update on Smoking MoCo ban on smoking in hallways, laundry rooms, lobbies and other indoor common areas of multi-family homes and playgrounds, including HOA playgrounds Law covers apartments and condominiums Must post signs 5
  • 6. Green Issues What is green? Renewable resources Reducing footprint 6
  • 7. Green Statutes § 2-119 of Real Property Article – Solar Panel §14-130 of the Maryland Real Property Article Section 40-3A of Montgomery County Code Renewable Energy Devices 7
  • 10. Innovative Collection Strategies Collection trends How to get paid before other creditors 10
  • 11. What Methods Are Available? Review governing docs Suspension of privileges Form leases for investor owners Adopt & implement policies Collect information early 11
  • 12. Speakers 12 Jeremy Tucker represents community associations and condominiums in a wide range of matters, including general counsel and litigation. jmtucker@lerchearly.com Jason Fisher provides skilled representation to community and homeowners associations, condos and co-ops and is recognized as a leader in the community associations field. jefisher@lerchearly.com Ruth Katz represents community associations in a variety of litigation matters. rokatz@lerchearly.com (301) 657-0157 (301) 657-0743 (301) 657-0188
  • 13. For more information 13 Lerch, Early & Brewer, Chtd. 3 Bethesda Metro Center, Suite 460 Bethesda, MD 20814 (301) 986-1300 www.lerchearly.com Thank you for your participation