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by Tyler P. Berding, Esq. and Steven S. Weil, Esq.
Every community association will face a major reconstruction project several times in the life of the development. This may occur because of anticipated problems, such as re-roofing or re-painting, but it can also occur because of completely unanticipated,and unreservedfor, problems, such as dry rot, soil subsidence, or leaks in windows and siding.
There are two different outcomes to any attempt to repair hidden damage. The first is a predictable project that succeeds in repairing the damage within the association’s financial means. The second part is so unexpected and expensive to repair that it overwhelms the association’s resources.
Next to damage from a natural disaster, a big, unexpected construction project is probably one of the most disruptive events in an association’s life. Some associations never recover.
So what are your association’s options?
Learn what your association can do when facing hidden damage in the booklet, The Perils of Hidden Damage.
This 12-page booklet is free simply by calling 800-838-2090.
Visit Us at the
40th Annual ECHO Seminar and Trade Show on June 23 at Booth 318/419
And Get a Free Copy of Our Booklet:
The Perils of Hidden Damage.
Hear the following presentations in the Seminar Hall:
9:00 Tyler Berding: “Hidden Damage and It’s Threat to Older HOA’s”
1:30 Steve Weil: “Back to the Future: Facing the Email Ban Head-On”
1:30 Sandra Bonato & Andrea O’Toole: “Clean up Your Act: Handling Old CC&R Rules & Violations”
For more information see ECHO's annual seminar website here: http://www.echo-ca.org/annual-seminar/