by Jon Schlackman | Aug 17, 2026 | Boards, Blog
FinCEN Issues Final Rule Permanently Exempting Community Associations from Corporate Transparency Act Reporting On August 11, 2026, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a final rule removing reporting requirements for...
by Jon Schlackman | Sep 15, 2025 | Boards
While all Boards hope that violence never happens within their communities, sometimes the unimaginable happens. Recently, in West Babylon, NY, two residents who lived in a Homeowners Association engaged in an altercation, with one neighbor shooting another...
by robschlackman@gmail.com | Mar 14, 2025 | Blog, Boards, Litigation, State Law
A Queens Coop, governing pursuant to a staggered election process, did not hold elections during the Covid-19 Pandemic (2020-2022). Two shareholders brought an action contesting the 2023 election. What the shareholders alleged Those shareholders alleged that since...
by robschlackman@gmail.com | Mar 10, 2024 | Blog, Boards
The Corporate Transparency Act (the “CTA”) was passed in 2021 to safeguard national security and the U.S. financial system by helping to detect and report suspicious activity related to money laundering and terrorist financing. How the CTA Effects Homeowners,...
by robschlackman@gmail.com | Nov 13, 2023 | Blog, Boards
What are they? Who can call them, and why? A Special Meeting is any meeting called for by the Board or the Homeowners for a specific purpose. Generally, a Special Meeting is used to conduct business that falls outside of routine Board or Annual Meetings. Special...
by robschlackman@gmail.com | May 18, 2023 | Blog, Boards
Pool openings. Tee times. Court reservations. Dock moorings. Playground use. These are just some of the recreational activities offered by community associations, especially on Long Island. Community rules and contracts Inspecting your community’s rules, vendor...
