Author Archives: Brian P. McLean
Greedy HOAs Foreclose for Profit? Come On
Homeowner associations are not greedy because they conduct nonjudicial foreclosures for nonpayment of assessments. In the real world, not the journalistic world where loss of ownership is equated with homelessness, the remaining owners, some of whom are on fixed incomes and have budgeted carefully their whole lives, often empty their bank accounts in an effort to keep the association on life support. When the pool of paying owners gets smaller, the remaining owners drown. Continue reading
Videorecording Meetings
In Washington State, owner associations are still private organizations. As such, they are not subject to public open meeting laws of the State. Continue reading
CA Law Day A Smashing Success! (And more on association reserve funds)
I think it’s important that Association’s maintain current reserves studies to know and understand the true costs of ownership. Continue reading
Zen and the Art of Condominium: the Time for Termination
Zen and the Art of Condominium: the Time for Termination In this sometimes funny, sometimes tragic presentation, attorney Brian P. McLean of Leahy McLean Fjelstad will discuss in a workshop setting how community association managers can increase their value to … Continue reading
Tears for Fears: Managing a Condo Through Financial Crises
Bert Caldwell of the The Spokeman-Review (Spokane) recently interviewed me as spokesperson for the Washington Chapter of the Community Associations Institute regarding the current real estate financial crisis and how it is affecting condominium associations and ownership. His article was … Continue reading
Foreclosure Rates in Washington Climb
Associations should continue to take rational steps and shore up defenses against the eroding mortgage landscape while educating Washington owners about rational choices during a period of shrinking incomes, prices, and resources. Continue reading
Water One Casualty of High Foreclosure Rates
Water One Casualty of High Foreclosure Rates by Brian P. McLean, Leahy.ps Imagine you live in a condominium, you pay your assessments like clockwork, and you arrive home to find your water turned off because of non-payment. That’s what happened … Continue reading
What Makes Homeowner Association Meetings Work
Suddenly, over the horizon, you spot a mob of homeowners marching upon you. They are leaving a rooster tail of dust. They are a cacophony. You could leave but you have your duty. You pull out your unthumbed book on parliamentary procedure and begin to practice “point of order.” What happens? Continue reading
Failing Mortgages and the Domino Effect
Failing Mortgages and the Domino Effect By Brian P. McLean, Leahy.ps The Puget Sound Business Journal discusses the continuing deterioration of the mortgage market: Subprime mortgages, which were issued to people with checkered payment histories, have the highest level of … Continue reading
Small Condos to be Exempt from Reserve Studies?
The State Legislature has proposed an amendment (HB 5461) to the reserve study bill that passed in 2008. The amendment would exempt associations that have fewer than 11 units. There are four obvious flaws with the amendment. One, any association … Continue reading