What is a housing co-op?
|
|
- Chloe Lang
- 5 years ago
- Views:
Transcription
1 Arrears: Soft Boards & Hard Cash Manitoba Spring Education Event April 22, 2017 What is a housing co-op? A corporation legal entity A collection of buildings townhouses, apartments, A collection of people members, children other occupants A community co-operative organization What else is a housing co-op..?
2 A Housing Co-op is a BUSINESS! The Role of the Board The primary decision maker at a policy level Oversee the business of the cooperative Enforce the rules of the Co-op To regularly review the rules and make recommendation for change to the membership Leadership
3 Maximizing Revenue Collection of housing charges Collection of bad debt Limit vacancy loss What are Arrears? Unpaid housing charges that are still owed by a member. What is Bad Debt? Unpaid housing charges after someone moves. What is Vacancy Loss? Lost revenue when a unit remains empty
4 Why are Arrears a Problem? Can affect cash flow Causes regulators to ask questions, require reporting Symptom of of respecting fellow members and the co-op Culture of non-payment encourages others to default Makes extra work for staff & board COSTS EVERYONE MONEY! Who Makes the Rules about Payment? The Co-operative s Board of Directors set policy on when housing charges are paid, late fees, penalties, and procedures for collection. Following through on these rules is delegated to Management Policies must not contradict the Cooperatives Act.
5 Effective Arrears Policies and By-Laws CRITERIA OF A GOOD RULE Fast Easily implemented Minimal paperwork involved Assumption that people pay on time and in full Has some flexibility Easily understood by everyone NOT COMPLEX Contain both incentives and disincentives reward good behaviour punish bad Arrears Policies Panelists today are: Carolyn Crawford, Westboine Park Housing Co-op Linda Ferguson, Village Canadien Housing Co-op Each panelist will briefly outline the arrears policies at their co-op.
6 Payment due Demand for payment Received in full on due date? no Response from member yes no yes Payment agreement Termination Plan being followed? no Member in good standing yes Scenarios Break into 3 small groups Each Group will get one Scenario to discuss Workshop Leaders and Panellists will each join a group and report back (Linda #1, Carolyn #2, Blair #3)
7 Arrears By-Laws & Policies What should be in your bylaw/policy How, when and where members should pay their housing charges Rules about late payment is there a fine? How many? Rules about NSF s? How many? Fines? Bank Charges? Rules about payment agreements What and when notices are sent for lateness, NSF s, Notices of termination/ notices to Appear Rewards for good payment? Payment Agreements Contracts between the member and the Co-op that: Set out the amount owed, how to repay and when, consequences of default Should be for a short time period with reasonable payments Creates monitoring challenges Upon default should act quickly and follow up with termination
8 Notices to Appear Either board or manager (depending on policy) can trigger a notice to appear before the board. Notice to Appear must be given in accordance with bylaw. Board listens to evidence from: Management history of arrears, account ledger The Household the members story Board can ask questions Termination and Notices to Appear Board discusses the issue and decides without the member Reviews the evidence Makes a decision Termination or a Performance/ Payment Agreement Management informs the member Members may appeal a Termination Must be within the process outlined in the by-laws and the Cooperatives Act.
9 Outside Resources Know your communities resources Social service agencies Credit counseling agencies Rent banks Wrap Up & Evaluation Please complete the evaluation form What will you take back with you from today to your coop? How will you introduce change?
Rethinking participation
C O O P E R A T I V E H O U S I N G F E D E R A T I O N O F B C Rethinking participation Pacific Heights Housing Co-operative Workshop Leader: April English April 2, 2014 1 Workshop overview The board
More informationWhat s in your future? Are you a 2020 Co-op? Workshop Leader: Housing Co-op
What s in your future? Are you a 2020 Co-op? Workshop Leader: Housing Co-op Objectives You will gain an understanding of: the 2020 Vision program and process the 2020 Vision standards and the Year of Getting
More informationTALES FROM THE TRENCHES BY BARRY C. MCGUIRE July, 2015
AGREEMENTS FOR SALE: DEFINITION AND OPPORTUNITIES Mortgages are impossible to assume in Canada (even in Alberta) without first qualifying for the mortgage. An Agreement for Sale (AFS) is a seller financing
More informationGuide to. Form J Application to Director. What is this form for? How to complete these forms?
Guide to G1 Form J Application to Director What is this form for? Use this form if you are a landlord or tenant trying to resolve a dispute. If you are a landlord applying to end a tenancy for rental arrears
More informationQ1. What is the Vacancy Tax By-Law and the Empty Homes Tax (EHT)?
PLANNING, URBAN DESIGN AND SUSTAINABILITY Planning Division Housing Policy Developer Specific Q and A on Empty Homes Tax Final: July 18, 2017 Q1. What is the By-Law and the Empty Homes Tax (EHT)? The EHT
More informationEviction Prevention Policy for Non-payment of Rent (Arrears)
Eviction Prevention Policy for Non-payment of Rent (Arrears) Policy Owner: Asset Management Approval: Board of Directors First Approved: September 2002 Effective Date: July 2014 Policy Summary This is
More informationSomerset West Landlord & Tenant Services (SWeLT)- Deposit Guarantee Scheme
Somerset West Landlord & Tenant Services (SWeLT)- Deposit Guarantee Scheme Policy Document 1. Introduction 1.1 Anyone looking to rent a property from a private landlord, may be required to provide a cash
More informationIntroduction to Shared Equity. Homeownership
Homes That Last: Introduction to Shared Equity Homeownership Shared Equity Homeownership What is counter-cyclical stewardship? What is shared equity homeownership? Features that distinguish this sector
More informationRental Housing Improvement Program Application Form
Rental Housing Improvement Program Application Form Housing Delivery 2 nd Floor - 352 Donald Street Winnipeg MB R3B 2H8 204-945-5566 in Winnipeg or toll-free 1-866-689-5566 in Manitoba Applicant Information
More informationEvaluating your co-op manager
June 17, 2013 Evaluating your co-op manager When co-ops sign a contract with a person to be their co-op manager, the contract usually includes a provision to conduct an evaluation of the service. This
More informationDispute Resolution Services
Dispute Resolution Services Page: 1 Dispute Codes: OLC Introduction Residential Tenancy Branch Office of Housing and Construction Standards A matter regarding PACIFIC ASSET MANAGEMENT CORPORATION Decision
More informationYour guide to: Staircasing. How to buy further shares in your Shared Ownership home. Great homes, positive people, strong communities
Your guide to: Staircasing How to buy further shares in your Shared Ownership home Great homes, positive people, strong communities Contents What is staircasing? 1 What provisions are there for staircasing?
More informationGLOSSARY OF CONDOMINIUM TERMS
GLOSSARY OF CONDOMINIUM TERMS TERM Allocated interest Amendment Annual Meeting Apartment Articles of Incorporation SIMPLE DESCRIPTION (not a substitute for use of the RCW definitions or definitions in
More informationApplication for Garden Court Housing Co-op No Financial Subsidy Available
Garden Court Housing Co-operative Office Tel: 604.464.4921 400, 2865 Packard Avenue, Coquitlam, BC V3B 6G5 Fax: 604.464.4927 Email: gardencourt@hotmail.ca NAME OF MEMBER: FOR OFFICE USE ONLY APPROVED UNIT
More informationDecember Arbon House, 6 Tournament Court, Edgehill Drive, Warwick CV34 6LG T F
Response to Department for Communities and Local Government s consultation paper Houses in Multiple Occupation and residential property licensing reforms from Association of Residential Letting Agents
More informationBoard of Commissioners Planning Session
Board of Commissioners Planning Session Scott Jepsen, EJP Consulting, LLC Eric Novak, Praxis Consulting Group, LLC April 23, 2010 Review Findings to Date (5 minutes) Review Goals/Principles (5 minutes)
More informationHorsham District Council Empty Homes Strategy
Horsham District Council Empty Homes Strategy 2016-2020 Purpose of this Strategy Horsham District Council is committed to bringing long-term empty homes back into use across the District. The Empty Homes
More informationPROPERTY MANAGEMENT GUIDE
MANAGEMENT GUIDE CONTENTS #4 INTRODUCTION #10 USING HOME EQUITY #16 LANDLORD INSURANCE #6 WHY INVEST IN? #12 INVESTMENT BENEFITS #18 WHAT COSTS WILL I HAVE TO MEET? #8 DO YOUR SUMS #13 CHOOSING AN INVESTMENT
More informationEnd of Mortgage Workshop for HSA Co-ops
2017 CHASEO Fall Education Event November 25, 2017 End of Mortgage Workshop for HSA Co-ops Keith Moyer, Facilitator Workshop Agenda Introductions Historical context Funding model review Moving forward
More informationCPACE Financing Overview
CPACE Financing Overview Commercial Property Assessed Clean Energy (CPACE) Introduction CPACE is an innovative financing tool that enables building owners to fund 100% of the cost of energy efficiency
More informationWhat Manitoba Landlords. Need to Know. Know your rights and responsibilities
What Manitoba Landlords Need to Know Know your rights and responsibilities Understanding your rights and responsibilities as a Manitoba landlord will help your business run more smoothly. This guide offers
More informationREGIONAL DISTRICT OKANAGAN-SIMILKAMEEN BYLAW NO. 2521, 2010
REGIONAL DISTRICT OKANAGAN-SIMILKAMEEN BYLAW NO. 2521, 2010 A bylaw to regulate and control untidy and unsightly premises. WHEREAS the Board of the Regional District Okanagan-Similkameen has adopted the
More informationWaiting List By-law, By-law No. 34. The Internal Waiting List is for members who already live in the co-op, and want to move to a different unit.
There are two waiting lists in the co-op: Internal Waiting List External Waiting List. The Internal Waiting List is for members who already live in the co-op, and want to move to a different unit. The
More informationFinance Tool for Townhome and Condo Association Improvements.
Community Development Department Housing Improvement Area Finance Tool for Townhome and Condo Association Improvements. A Housing Improvement Areas (HIA) is a defined area within a city where housing improvements
More informationPurchase of City-Owned Property Application * Department of Housing and Community Development Land Resources Division
Purchase of City-Owned Property Application * Department of Housing and Community Development Land Resources Division SUMMARY OF PROCESS The Baltimore City Department of Housing and Community Development
More informationTHINGS YOU NEED TO KNOW ABOUT 6OWNING IN STRATA
THINGS YOU NEED TO KNOW ABOUT 6OWNING IN STRATA About the author Amanda Farmer is a strata lawyer with over 14 years experience advising strata owners, communities, managers and developers. As a Fellow
More informationProtecting your Investment With Professional Management
Protecting your Investment With Professional Management Residential Property Management Single Family - Multifamily test test Our Vision It is the vision of MAXIM 4000, LLC to be the most respected and
More informationFREQUENTLY ASKED QUESTIONS MISSOURI EVICTION TRIALS
MISSOURI OFFICE 3740 BROADWAY, 2ND FLOOR KANSAS CITY, MISSOURI 64111 PH: (816) 931-2207 FX: (816) 931-2247 KANSAS OFFICE 4800 RAINBOW BLVD., SUITE 200 WESTWOOD, KANSAS 66205 PH: (913) 262-2207 FX: (913)
More informationOrganic Growth Premium Investment Club Terms of Service
Organic Growth Premium Investment Club Terms of Service By registering electronically on www.organicgrowth.co.za as an Organic Growth Premium Club Member you hereby agree to the following terms of service.
More informationWhat Is an Employee-Owned Cooperative? Co-op Basics for Employee Members
What Is an Employee-Owned Cooperative? Co-op Basics for Employee Members Prepared by the staff of The Ohio Employee Ownership Center An employee cooperative is a membership organization set up to market
More informationWHITE PAPER. New Lease Accounting Rules
WHITE PAPER New Lease Accounting Rules WHITE PAPER Introduction New lease accounting rules (FASB Topic 842) will be required for all public companies beginning in 2019. The primary goal of the new standard
More informationFREQUENTLY ASKED QUESTIONS KANSAS EVICTION TRIALS
MISSOURI OFFICE 3740 BROADWAY, 2ND FLOOR KANSAS CITY, MISSOURI 64111 PH: (816) 931-2207 FX: (816) 931-2247 KANSAS OFFICE 4800 RAINBOW BLVD., SUITE 200 WESTWOOD, KANSAS 66205 PH: (913) 262-2207 FX: (913)
More informationOpening doors for you...
This guide is written in order to assist a potential home buyer in understanding the process behind finding a home. The steps in this guide are typical of the procedure that is followed in any New York
More informationSocial Purpose Real Estate Table The ABCs of Development
Social Purpose Real Estate Table The ABCs of Development Guest Presenter: Simon Davie, PMP Chief Operating Officer Terra Housing Consultants Date: April 17, 2012 Terra Housing Consultants Terra is a development
More informationDemystifying Rental Underwriting. August 15, 2017
Demystifying Rental Underwriting August 15, 2017 Welcome & Introductions Delivered by Steve Lathom, TDA Consulting www.tdainc.org slathom@tdainc.org 517-203-4130 Session Objectives Regulatory issues driving
More informationFirst Time Home Buyer s Guide. Produced by: The Michael Vincent Property Group
First Time Home Buyer s Guide Produced by: The Michael Vincent Property Group Get Prepared: It s time to Adult remember all those documents & items that everyone told you to protect, don t give out, or
More informationKANSAS OFFICE 4800 RAINBOW BLVD., SUITE 200 WESTWOOD, KANSAS PH: (913) FX: (913)
MISSOURI OFFICE 3740 BROADWAY, 2ND FLOOR KANSAS CITY, MISSOURI 64111 PH: (816) 931-2207 FX: (816) 931-2247 KANSAS OFFICE 4800 RAINBOW BLVD., SUITE 200 WESTWOOD, KANSAS 66205 PH: (913) 262-2207 FX: (913)
More informationReal Estate Accounting
Real Estate Accounting Course Instructions and Final Examination The CPE Store 819 Village Square Drive Tomball, TX 77375 1-800-910-2755 Real Estate Accounting Table of Contents Page Course Objectives...
More informationREAL ESTATE INVESTING GUIDE. Combine IRA tax advantages with real estate investment opportunities.
REAL ESTATE INVESTING GUIDE Combine IRA tax advantages with real estate investment opportunities. INTRODUCTION The IRS allows an IRA, Solo 401(k), or HSA to acquire real estate as an asset without penalty
More informationINSTRUCTIONS ON HOW TO FILL OUT THE NEIGHBORHOOD LANDLORD APPLICATION
INSTRUCTIONS ON HOW TO FILL OUT THE NEIGHBORHOOD LANDLORD APPLICATION Example of a Potential Application: Landlord will be rehabbing or constructing a total of seven units in the application. 1 unit is
More informationAlready have a voucher and have questions? The following information might be helpful. If you still have questions, call (619)
FAQ for Participants Already have a voucher and have questions? The following information might be helpful. If you still have questions, call (619) 336-4254. 1. Now that I have a voucher, how do I use
More informationTHE CONDOMINIUM ACT REVIEW:
THE CONDOMINIUM ACT REVIEW: A Discussion Paper FALL, 2012 Prepared by the Yukon Department of Justice Table of Contents EXECUTIVE SUMMARY--------------------------------------------------------------------------------------
More informationPrivate Sector Housing Fees & Charges Policy
APPENDIX C Private Sector Housing Fees & Charges Policy for the Regulation of Housing Standards Updated 1 August 2017 CONTENTS Page 1. Introduction 3 2. Purpose of the Fees & Charges Policy 3 3. Principles
More informationReal Estate Accounting
Real Estate Accounting Steven M. Bragg Chapter 1 Introduction to Accounting... 1 Learning Objectives... 1 Introduction... 1 Financial Accounting Basics... 1 Accounting Frameworks... 2 The Accounting Cycle...
More informationUNDERSTANDING THE DEVELOPMENT PRO FORMA
UNDERSTANDING THE DEVELOPMENT PRO FORMA March 16, 2017 ULI Urban Leadership Program Dr. Steven Webber Ryerson University/Urbanformation Consulting Pro forma Financial analysis based on Revenues Costs Return
More informationA Summary of the Cooperatives Act
This is a general overview of the contents of the Cooperatives Act. It is not intended to replace or be used as an interpretation of the Act. Readers should refer to the applicable sections of the Act
More informationSUMMARY OF RECOMMENDATIONS LEGISLATIVE COMMISSION S SUBCOMMITTEE TO STUDY MORTGAGE LENDING AND HOUSING ISSUES. Nevada Revised Statutes 218.
SUMMARY OF RECOMMENDATIONS LEGISLATIVE COMMISSION S SUBCOMMITTEE TO STUDY MORTGAGE LENDING AND HOUSING ISSUES Nevada Revised Statutes 218.682 This summary presents the recommendations approved by the Legislative
More informationOPTIVO S GUIDE TO SHARED OWNERSHIP
OPTIVO S GUIDE TO SHARED OWNERSHIP Are you interested in Shared Ownership, but don t know much about it? Our handy guide is here to help. If you re struggling to buy your own home, Shared Ownership could
More informationHow To Organize a Tenants' Association
How To Organize a Tenants' Association Before You Begin Once again: * you have no heat and hot water. * the building's front door lock is broken, and a neighbor was mugged in the lobby. * you asked the
More informationHAVEBURY HOUSING PARTNERSHIP
HS0025 HAVEBURY HOUSING PARTNERSHIP POLICY HOME PURCHASE POLICY Controlling Authority Director of Resources Policy Number HS025 Issue No. 3 Status Final Date November 2013 Review date November 2016 Equality
More informationMODERATE INCOME RENTAL HOUSING PILOT PROGRAM: APPLICATION PROCESS, PROJECT REQUIREMENTS AND AVAILABLE INCENTIVES
PAGE 1 OF 10 Planning - By-law Administration Bulletins Planning and Development Services, 453 W. 12th Ave Vancouver, BC V5Y 1V4 Φ 604.873.7000 fax 604.873.7060 planning@vancouver.ca MODERATE INCOME RENTAL
More informationLandlord Information Pack. asset management
Landlord Information Pack asset management BEST MOVE PROPERTY RENTALS is an Independently Owned & Operated Office that provides a level of service second to none to the property investor, landlord and
More informationReal Estate Principles Chapter 17 Quiz
Real Estate Principles Chapter 17 Quiz 1. A property manager's budget for the property will typically include which of the following operating expenses? A. Reserves for replacement of built-ins B. Depreciation
More informationTom Hunter Chief Executive Officer/ Secretary. Subject: Monthly Key Performance Indicators Report #16006
Date: February 24, 2016 Report to: Submitted by: Board of Directors Tom Hunter Chief Executive Officer/ Secretary Prepared by: Kathy McInnes Manager, Business Services RECOMMENDATION: That Report #16006
More informationA Dozen Questions and Answers about Affordable Home Ownership Programs
A Dozen Questions and Answers about Affordable Home Ownership Programs 1. Who is the target market for affordable ownership housing? Affordable homeownership housing providers target households not well
More informationTENURE POLICY. 1.2 The Policy sets out the type of tenancy agreement we will offer when letting our properties for the following tenures.
Part of the Trust s Tenancy Management Framework Level 1 policy approval TENURE POLICY 1. Introduction 1.1 The Vale of Aylesbury Housing Trust (the Trust) is a Registered Provider of homes. In accordance
More informationSpringfield Co-operative Homes Inc Credit Woodlands Court, Mississauga, ON L5C 3J5
Springfield Co-operative Homes Inc. 1376 Credit Woodlands Court, Mississauga, ON L5C 3J5 Application for Membership An Applicant is any adult (16 years or older) residing with the family. Please answer
More informationLease modifications. Accounting for changes to lease contracts IFRS 16. September kpmg.com/ifrs
Lease modifications Accounting for changes to lease contracts IFRS 16 September 2018 kpmg.com/ifrs Contents Contents Accounting for changes 1 1 At a glance 2 1.1 Key facts 2 1.2 Key impacts 3 2 Key concepts
More informationReal Estate Services Division Real Estate Department Anchorage: Performance. Value. Results.
Anchorage: Performance. Value. Results. Purpose The (RES) provides effective property management of all municipal lands and leased properties, and administers the foreclosure process of delinquent property
More informationLandlord / Tenant Law
Landlord / Tenant Law Carnegie Mellon University November 29, 2018 Introduction The information contained in these slides and made available during the presentation are for educational purposes only. If
More informationMutual Exchange Policy
Mutual Exchange Policy Author I Jekyll Job Title Operations Director Approved by / Date Operations Committee October 2012 Approved by Challenge Group / Date October 2012 Review Date October 2016 Cross
More informationMergers of IAFF Affiliates
IAFF LEGAL DEPARTMENT Mergers of IAFF Affiliates Prepared by: WOODLEY & McGILLIVARY Thomas Woodley, IAFF General Counsel Baldwin Robertson, IAFF Legal Counsel Chris Franzoni, IAFF Assistant Legal Counsel
More informationCity of Lowell Vacant and Foreclosing Properties Ordinance Chapter 227 Sections 7 16 Planned Revisions
City of Lowell Vacant and Foreclosing Properties Ordinance Chapter 227 Sections 7 16 Planned Revisions The Department of Planning and Development is working on the following revisions to the City of Lowell
More informationapplicant's behalf) all correspondence, including the decision letter, will be sent to him/her.
Application for a Non-material Amendment Following a Grant of Planning Permission Town and Country Planning Act 1990 Planning (Listed Buildings and Conservation Areas) Act 1990 1. Applicant Name and Address
More informationThe Bob Walters Property Management System. The Bob Walters. Management. List of Documents. The Bob Walters Team (bwt) 1
The Bob Walters Property Management System List of Documents The Bob Walters Team (bwt) 1 Contents Business Systemisation Module (2 Parts) Part 1 Policies and Procedures Breach Procedures General Breach
More informationCABINET REPORT. Private Sector Housing Enforcement Civil Penalties and Rent Repayment Orders. 19 July Yes. Yes. Yes. Chief Executive s.
Appendices 3 CABINET REPORT Report Title Private Sector Housing Enforcement Civil Penalties and Rent Repayment Orders AGENDA STATUS: PUBLIC Cabinet Meeting Date: Key Decision: Within Policy: Policy Document:
More informationMining Rehabilitation Fund (MRF)
Government of Western Australia Department of Mines and Petroleum Department of Mines and Petroleum Mining Rehabilitation Fund (MRF) Frequently Asked Questions www.dmp.wa.gov.au 1 Contents Mining Rehabilitation
More informationRent and other charges
Tenancy Facts Information for tenants and residents in Queensland Rent and other charges When you rent a place to live, you are required to pay the rent on time in accordance with the agreement. You may
More informationH. Chart of Accounts. Please note that accounts marked with an (*) are not used for budget purposes.
H. Chart of Accounts PHFA does not require a property to utilize any prescribed chart of accounts in their internal accounting system. However, when information is reported to PHFA, the following Chart
More informationCONSIDERATION OF A PROPOSED MARIN VALLEY MOBILE COUNTRY CLUB LOT RENT ASSISTANCE PROGRAM
STAFF REPORT MEETING DATE: February 14, 2017 TO: FROM: City Council Brian Cochran, Finance Manager 922 Machin Avenue Novato, CA 94945 (415) 899-8900 FAX (415) 899-8213 www.novato.org SUBJECT: CONSIDERATION
More information2017 Legislative Update
2017 Legislative Update The Governor signed 3 bills into law during the last week of June affecting community associations. HB 1237 has dramatic effects for condominiums in Florida. SB 398 gives more specificity
More informationHow to handle the eviction process GUIDE. Protecting the things that matter most
How to handle the eviction process GUIDE Protecting the things that matter most How to handle the eviction process Evicting tenants is often a fraught process for landlords, but the costs can be especially
More informationSwapping your home. 1
Swapping your home www.rooftopgroup.org 1 What is a mutual exchange? If you rent your home from Rooftop Housing Group, you can swap your home. We call swapping your home with another tenant a mutual exchange.
More informationREQUEST FOR PROPOSALS (RFP) SECTION 8 CONTRACT ADMINISTRATION SERVICES
REQUEST FOR PROPOSALS (RFP) 09-331 SECTION 8 CONTRACT ADMINISTRATION SERVICES FOR THE HOUSING AUTHORITY OF THE CITY OF WINSTON-SALEM WINSTON-SALEM, NORTH CAROLINA 1 TABLE OF CONTENTS 1. Introduction 2.
More informationCHANCES HOUSING CO-OPERATIVE
Phone: 604-522-2068 Fax: 604-522-1965 Market Subsidy References Good Income Verification Record Credit Check Fee Record Credit Check Good Office Use Only Approved by Membership Approved by Board Insurance
More informationIowa Department of Revenue Property Tax Division ABNORMAL SALES CONDITIONS Sales October 12, 2007
1. Quit Claim Deed Iowa Department of Revenue Property Tax Division ABNORMAL SALES CONDITIONS 2007-2008 Sales October 12, 2007 2. Sale to/by government Condemnation is also abnormal. 3. Sale to/by exempt
More informationSession outline IAS 11 IAS 18, 5 28, 39 IAS 18 IAS 18 IAS 18, 39 SIC 31 IAS 18. Multiple elements. Construction contracts
Session outline Session outline: Introduction Objective Scope 6 Construction contracts IAS 11 1 Identification of transactions Timing of recognition Measurement of Revenue Sale of goods Rendering of services
More informationHCV Administrative Plan
6.0 HCV Project-Based Program Project-based vouchers (PBV) are an optional component of the HCV program that PHAs may choose to implement. Under this component, PHAs have been able to attach up to 20 percent
More informationGood Samaritan Heron Grove is a quality seniors retirement community offering independent living with the advantages of Life Lease tenancy.
heart. home. harmony. independentliving.gss.org Welcome To: Heron Grove Good Samaritan Heron Grove is a quality seniors retirement community offering independent living with the advantages of Life Lease
More informationMaterial Prepared by The Compass Group, LLC POLICY OPTION PAPER PRESERVATION AND PRODUCTION TASK FORCES JANUARY 24, 2002
MILLENNIAL HOUSING COMMISSION Material Prepared by POLICY OPTION PAPER PRESERVATION AND PRODUCTION TASK FORCES JANUARY 24, 2002 ISSUE: ADOPT SUSTAINABILITY AND AFFORDABILITY PRINCIPLES? Issue: Should the
More informationLending to TIC Owners - the Trends, the Risks, the Rewards
Lending to TIC Owners - the Trends, the Risks, the Rewards OVERVIEW 1. What is TIC ownership? 2. Why do owners choose TIC ownership, especially in multifamily housing? 3. The basics of 1031 tax-deferred
More informationTown of Clinton, Connecticut Action Plan for the Historic Unilever Property and Area. Steering Committee Meeting #5 Implementation Strategies
Town of Clinton, Connecticut Action Plan for the Historic Unilever Property and Area Steering Committee Meeting #5 Implementation Strategies Wednesday, March 19, 2014 6:30pm Steering Committee Meeting
More informationFORM GG [Section 53] Estoppel Certificate. (the corporation ) (name of condominium corporation) DATE: TO: Re: UNIT No. (the Unit)
CONDOMINIUM PROPERTY, 2001 C-26.1 REG 2 FORM GG [Section 53] Estoppel Certificate (the corporation ) (name of condominium corporation) DATE: TO: Re: UNIT. (the Unit) CERTIFICATE The corporation certifies
More informationOUTLINE OF LEGAL REQUIREMENTS FOR COMMON INTEREST ASSOCIATION TRANSITIONS
PERLSTEIN & McCRACKEN, LLC ATTORNEYS AND COUNSELORS AT LAW 10 WATERSIDE DRIVE, SUITE 303 FARMINGTON, CT 06032 TELEPHONE (860) 677-2177 FACSIMILE (860) 677-0019 I. INTRODUCTION OUTLINE OF LEGAL REQUIREMENTS
More informationIN-CONFIDENCE. the development consists of one or more multi-storey buildings; and each multi-storey building has at least 20 dwellings.
1. Type of development able to obtain exemption certificate to sell a portion of their units to overseas persons without the overseas buyer being subject to an on-sell condition The Committee sought additional
More informationMASS HOUSING PRO FORMA LINE ITEM EXPLANATIONS 132 Unit Project. The Residences at West Union
MASS HOUSING PRO FORMA LINE ITEM EXPLANATIONS 132 Unit Project The Residences at West Union Page 5 Affordable Unit Rates: The affordable unit rental rates listed on page 5 of the pro forma list projected
More informationGuidebook for Owners
HOUSING CHOICE VOUCHER PROGRAM Administered By: Community Development Corporation of Long Island 2100 Middle Country Road Centereach, NY 11720-3576 For more information, visit our website www.cdcli.org
More informationProperty Management. Guide
Property Management Guide IMPORTANT NOTICE: The information contained within this book is designed to provide an overview of the considerations required for ownership of an investment property. Readers
More informationGUIDELINES AND CRITERIA. For Granting Tax Abatement in the North Killeen Revitalization Area. Designated by the City of Killeen, Texas
GUIDELINES AND CRITERIA For Granting Tax Abatement in the North Killeen Revitalization Area Designated by the City of Killeen, Texas Under Tax Code, Chapter 312 I. PURPOSE The designation of a Tax Abatement
More informationU.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC 20410-8000 ASSISTANT SECRETARY FOR HOUSING- FEDERAL HOUSING COMMISSIONER Special Attention of: All Multifamily Hub and Program Center Directors
More informationAPPLICATION REQUIREMENTS
APPLICATION REQUIREMENTS APPLICATION: Each adult of the age of 18 must complete their own application in full $40.00 non-refundable application fee - $1.20 service fee if using a credit card Submit a government
More informationThe Ultimate Guide To: DC CONDO CONVERSIONS. Authored by the Washington Capital Partners Team
The Ultimate Guide To: DC CONDO CONVERSIONS Authored by the Washington Capital Partners Team So, what is a condo conversion? Added 4th Floor Unit 2 Existing Structure (Floors 1, 2, &3) Unit 1 Washington,
More informationProperty Management. Information for Investors. PO Box Esplanade Torquay QLD 4655
Property Management Information for Investors PO Box 5766 424 Esplanade Torquay QLD 4655 Phone: 07 4124 9477 herveybay@harcourts.com.au www.herveybay.harcourts.com.au Harcourts Hervey Bay Company Overview
More informationTHE PITFALLS OF MEMBERSHIP DOCUMENTATION
THE PITFALLS OF MEMBERSHIP DOCUMENTATION Ted M. Benn Thompson & Knight LLP 1700 Pacific Avenue, Suite 3300 Dallas, Texas 75201 Telephone: (214) 969-1423 Fax: (214) 969-1751 E-mail: Ted.Benn@tklaw.com CLE
More informationCanadian Land Trust - Standards and Practices
Canadian Land Trust - Crosswalk Comparison: 2005 to Standard 1: Ethics, Mission and Community Engagement 1A Mission 1B Planning and 1B Mission, Planning and Evaluation Reworded: Practices 1A and 1B combined.
More informationCarney Foy: Introductions of Tom Hall, Linda Dillon, and guest speakers Priscilla Lucero and Olga Morales.
Casas Adobes Water Company Meeting Minutes 8-15-13 Start of meeting: 7:05pm Pledge of Allegiance and sign-in sheet passed around. Carney Foy: Introductions of Tom Hall, Linda Dillon, and guest speakers
More informationFoundry Project/Final Approval
Foundry Project/Final Approval The Project Five Screen, 625 Seat movie theater Public plaza space for community events and activities 460 space parking structure 155 units of housing (rental) 14,000 square
More informationIntroductory Tenancies Your Questions Answered
Introductory Tenancies Your Questions Answered This leaflet answers a number of questions about your rights and responsibilities as an Introductory tenant. Please see the Tenancy policy and your tenancy
More information$350 Million In Active Listings. $12 Billion In Closed Transactions. About Calkain
About Calkain We are a boutique commercial real estate firm with a passion for the single tenant net lease (STNL) market. In 2005, Jonathan Hipp, President and CEO, took the initiative to build upon his
More informationAPPENDIX A DRAFT. Under-occupation Policy
APPENDIX A DRAFT Under-occupation Policy Published: August 2013 1 1 EXECUTIVE SUMMARY 1.1 The introduction of the Welfare Reform Act 2012 has led to cuts in the amount of housing benefit people receive
More information