On March 8, 2008, the Washington legislature passed a new law regarding reserve studies for condominiums. The law falls short of what many industry professionals sought, including mandatory reserve funding and studies, but is a step in the right direction. read more

No new laws were passed in 2008 modifying or altering a homeowner or condominium association's duty to disclose related to home sales. read more

A homeowner association board of directors should take proactive steps and particular action to protect itself and its members from the legal risks associated with a down market. read more