Century 21 Portland Blog

What is the Corporate Transparency Act and how does it affect you? The Corporate Transparency Act (CTA) is a federal law meant to combat money laundering. It requires all HOA board members, as well as any owner with 25% or more ownership in the HOA, and anyone with substantial control of daily operations, to report their…

Unlike insurance for single-family homes — which is pretty much cut and dry — condominium homeowners insurance can be quite complicated. Why? Because as a condo owner, you need to think about insurance coverage for your unit as well as the insurance covered by your HOA. To provide clarity, here’s everything you need to know…

Homeowners association rules are man-made, so it makes sense that they are not perfect. You might like to believe that all the rules in your HOA are good and enforceable. But, the fact of the matter is, unenforceable HOA rules do exist in many communities — and you may not even know it. WHAT ARE…

HOAs are governed by many rules and regulations — to a point where it may get confusing for both board members and homeowners alike. To avoid any kind of misunderstanding, it’s important to have a clear understanding of homeowners association documents, as well as which HOA documents take precedence in your community. THE HIERARCHY OF…