Webinar- Breaking Up Is Hard To Do: Challenges in Condo Termination
One Continuing Education Credit Available
What happens when a condominium has reached the end of its useful life? This presentation will compare statutory treatment, including recent updates to the uniform acts, and will feature lessons learned from three different approaches taken in recent association terminations. Presenters will discuss Chapter 11 bankruptcy filings by two condominiums to take advantage of the federal bankruptcy code to sell the property free and clear of unit ownership interests.
Special Note: This program is a recorded education session from the 2022 CAI Law Seminar.
Members: USD $69.00
What happens when a condominium has reached the end of its useful life? This presentation will compare statutory treatment, including recent updates to the uniform acts, and will feature lessons learned from three different approaches taken in recent association terminations. Presenters will discuss Chapter 11 bankruptcy filings by two condominiums to take advantage of the federal bankruptcy code to sell the property free and clear of unit ownership interests.
Special Note: This program is a recorded education session from the 2022 CAI Law Seminar.
Members: USD $69.00
Non-Members: USD $99.00 (Join CAI and Save!)
Credit Information
1 credit
Description
Duration: 1 Hour
Program Description:
What happens when a condominium has reached the end of its useful life? This presentation will compare statutory treatment, including recent updates to the uniform acts, and will feature lessons learned from three different approaches taken in recent association terminations. Presenters will discuss Chapter 11 bankruptcy filings by two condominiums to take advantage of the federal bankruptcy code to sell the property free and clear of unit ownership interests.
Speakers:
- Hope Derby Carmichael, Esq., CCAL fellow
- Jason Hendren, Esq.
- J. David Ramsey, Esq., CCAL fellow
Continuing Education Credit
This program provides one credit per hour toward:
- Certified Manager of Community Associations recertification
- Association Management Specialist redesignation
- Professional Comm
- unity Association Manager redesignation
To earn credit, you must be personally registered for this program and print the certificate of completion to document your participation.
Registration Information
All registrants will have full access to this on-demand, online recording for 120 days.
Manager Certifications and Designations
Certified Manager of Community Associations (CMCA®) / Association Management Specialist (AMS®) / Professional Community Association Manager (PCAM®) / Large-Scale Manager (LMS®)
Management Company Designation
Accredited Association Management Company (AAMC®)Service Provider Designations and Distinctions
Reserve Specialist (RS®) / Community Insurance and Risk Management Specialist (CIRMS®) / Educated Business Partner
Courses in package:
