Attention Connecticut Condo Associations

Home Stager

Are you acting in accordance with the new CIOA (Common Interest Ownership Act) law? In July sweeping changes were made to the laws that govern the way condominium associations operate. Are you aware of these changes?

For example, the new CIOA law dictates how
condominium associations hold their meetings.  Did you know you are required to give notice to unit owners of ALL Board meetings and that ALL Board meetings must be open?

The new CIOA law affects the way
condominium associations initiate foreclosures, adopt  budgets and prepare resale certificates. 

The new CIOA law also governs the way condominium associations adopt and enforce rules. Did you know that that there are sections of the new law that pertain to the flag displays AND political signage?

There are many, many more changes that you community should be aware of. If you would like more information please do not hesistate to contact me.

This post brought to you by, Karen Bernetti on behalf of The Home Team Advantage Management Services, LLC. 860-621-6964. 


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Karen Bernetti is a Real Estate Stager, Former Realtor®, Author, Speaker, and Owner of Staging4Smooth Transitions - specializing in assisting seniors with their downsize moves and offering Home2Home Transitions seminars. Karen is also the Social Media Manager and Administrative Coordinator for Prudential CT Realty, in Madison, CT and Co-creator of the Ready2Sellin30Days System - an interactive multi-media program teaching do-it-yourself homeowners EVERYHTING they need to know about preparing a home for sale. Stay up to date on the latest staging and home decor trends by visiting Karen & Ann's Home Sale Success Blog.  



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Tish Lloyd
BlueCoast Realty Corporation - Wilmington, NC
Broker - Wilmington NC and Surrounding Beaches

This is the kind of information that doesn't get enough press.  Thanks for taking the time to let the public know what's going on in your area regarding the law.

Sep 06, 2010 03:18 PM #1
Margaret Rome, Baltimore Maryland
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Karen, Thanks for the reminder for those of us listing and selling condo units.


Sep 06, 2010 03:57 PM #2
Lisa Orme
The Master's Key Realty LLC -Windsor, CT - HARTFORD COUNTY - Windsor, CT
Broker/Realtor, ABR, CRS,GRI, PSCS, SFR, Notary Pu

Karen - this is great information. I am on the Board of Directors of a condo complex here in Windsor, and I manage a complex in New Britain so I was aware that there were major changes. One big change is about the capital reserves of the association which must include 10% of the yearly budget -- I've got to look into exactly how that is worded, but it affects the FHA approval for the complex and the ability of buyers to obtain FHA financing, so it's another extremely important change. Thanks for calling it to our attention!

Sep 06, 2010 05:01 PM #3
Karen Bernetti
Southington, CT

Thanks Tish and Margaret for checking in

Lisa - there are MANY changes, I just highlighted a few.  Enough to blog about for many days to come.  I was thinking of highlighting 1 or 2 every few days.  You just can't cover them all in one post that's for sure!

Sep 06, 2010 05:13 PM #4
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