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

ideas that work

for community associations

October 6, 2011

Jeremy Tucker Jason Fisher Ruth Katz

Lerch, Early & Brewer, Chtd.

www.lerchearly.com

Legislative Update,

Green Issues and

Innovative Collection

Strategies

© Lerch, Early & Brewer, Chtd. 2011 www.lerchearly.com

Legislative Update

Green Issues

Collection Strategies

Q&A

Overview

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New Laws as of October 1

Priority LienPortion of condo/HOA lien has priority over

mortgage claim

HOA Board ElectionDisputes may go to Maryland Attorney

General

Condo Insurance AmendmentOnly 51% of owners' approval

needed to require insurance3


WSSC Mixed-Use Billing

Changes

Classification: “high flow”

OptionsPay higher rate

Install sub meter

Seek waiver

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http://www.wsscwater.com/home/jsp/home.faces


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 signs5


Green Issues

What is green?

Renewable resources

Reducing footprint

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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

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What’s Covered?

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Emerging Trends

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Innovative Collection Strategies

Collection trends

How to get paid before other

creditors

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What Methods Are Available?

Review governing docsSuspension of privileges

Form leases for investor owners

Adopt & implement policies

Collect information early

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Speakers

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Jeremy Tucker represents community

associations and condominiums in a wide range of

matters, including general counsel and litigation.

[email protected]

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.

[email protected]

Ruth Katz represents community associations in a

variety of litigation matters. [email protected]

(301) 657-0157

(301) 657-0743

(301) 657-0188

http://www.lerchearly.com/team/jeremy-m-tucker

http://www.lerchearly.com/team/jason-e-fisher

http://www.lerchearly.com/team/ruth-o-katz


For more information

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Lerch, Early & Brewer, Chtd.

3 Bethesda Metro Center, Suite 460

Bethesda, MD 20814

(301) 986-1300

www.lerchearly.com

Thank you for your participation

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

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