Nonpayment means other owners have to make up shortfall.

BANKRATE.COM

NORTH PALM BEACH, Fla. — When too many condominium owners lose their units to foreclosure, condo associations feel the financial pain. That's bad news for homeowners and real estate investors who depend on these associations to take care of building maintenance, property insurance, utilities, landscaping and other shared amenities.read more »

Condo owners left empty-handed as property values plunge

By BENJAMIN SPILLMAN | REVIEW-JOURNAL

Six months after the Las Vegas City Council approved plans for a gambling resort on the site of the historic Moulin Rouge casino, the area remains blighted and property owners accuse developers of reneging on promises to purchase their homes.read more »

Margaret G. “Gen” Wangler | Special to The Desert Sun

The Davis-Stirling Common Interest Development Act provides that before a homeowners association's board of directors may adopt a new rule, the proposed rule must be sent to all of the members for a 30-day comment period.read more »

By Katy Stech | The Post and Courier

The latest evidence of economic hardship can be traced to a bare patch of dirt outside a West Ashley condominium complex.

The community of about 150 individually owned units, which previously were rented as apartments, has had a tough time scraping together enough money to pay for pine straw and flowers outside its modest entrance. In fact, it's been more than a year since fresh straw has been laid down.read more »

By Tonya Alanez | South Florida Sun-Sentinel

A former Davie condominium association president will spend 20 years in prison for embezzling nearly $1 million, a Broward judge ordered Friday.

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Tom McNamara reports

Foreclosures and delinquent payments force Southwest side HOA to cut trash service, even after some residents fronted up to a year in advance dues.

"When's trash day?" Javier says, "Tomorrow." We ask, "What do you think it's going to look like up and down the street?" And, Javier responds, "Trash everywhere. Trash cans."read more »

Frisco Homeowner Loses Appeal, Must Keep Pickup in Garage

FRISCO, Texas -- As you drive through the Stonebriar neighborhood where Jim Greenwood lives, you see all makes and models of cars and SUVs, even a porta-potty in one driveway, but what you won't see are non-luxury pickup trucks.read more »

Foreclosures haven't hit local condominium associations in coastal Alabama as much as their peers in some states, but that may change as new assessments are sent out to help pay for insurance.

Condo foreclosures hit a plateau about six months ago, according to attorney Daniel Craven of Gulf Shores. "We're not in as desperate financial condition,'' as other parts of the country, he said. "And collection efforts on delinquencies have held their own.''read more »

Judge Orders Cory Lake Association To Turn Over Records

By KENNETH KNIGHT | The Tampa Tribune

CORY LAKE ISLES - A judge has ordered the Cory Lake Isles Property Owners Association to turn over all its financial records to a group of homeowners.read more »

Tara Cardoso

Most gated communities pride themselves in having nice amenities. That includes manicured lawns, fancy clubhouses and expansive swimming pools. What if a community restaurant wasn't living up to that reputation? The CBS 12 Dirty Dining team investigates.read more »