As Kaman & Cusimano clients are likely already aware, earlier this year, the US Treasury Department issued new guidance on the Corporate Transparency Act, and as a result community associations are no longer required to comply with the CTA’s reporting requirements. The US Treasury division that oversaw the CTA, the Financial Crimes Enforcement Network (FinCEN), issued an interim final rule that suspended the CTA’s […] The post Community Associations Not Required to Comply with ...| Kaman & Cusimano
Partner Shannon McCormick gave a presentation at the 2025 Ohio Lake Communities Association’s Annual Conference. Established in 1969 as a nonprofit corporation, the Ohio Lakes Communities Association consists of 22 distinct lake communities in Ohio. Its mission is to enhance communication among these communities, serving as a platform for exchanging ideas and staying updated on […]| Kaman & Cusimano
Kaman and Cusimano is excited to announce that we have been recognized as a Best Law Firm ranked by Best Lawyers®. We are also proud to have 5 lawyers recognized by The Best Lawyers in America® Partners Joseph (Jay) Cusimano, Jeffrey Kaman, Scott Weiss, Lydia Chartre and Dan Miske, have all been included in the 32ⁿᵈ edition […] The post Kaman & Cusimano Firm and 5 Attorneys recognized by The Best Lawyers in America® appeared first on Kaman & Cusimano.| Kaman & Cusimano
Hiring professional community association management is key to running a condominium or homeowner association – so important, that two of my partners, Jay Cusimano and Jeffrey Kaman just presented an hour-long seminar entitled “Mastering Community Association Management” (a recording of which is available to our clients on demand in ATLAS) to help navigate various management […]| Kaman & Cusimano
Lydia Chartre, our Wisconsin Office Partner and Chair, was recently quoted in several articles featured in HOAleader.com, a trusted nationwide resource for condominium and HOA board members. In these articles, Lydia offers valuable guidance and advice to board members who are navigating the operational aspects of serving on their boards. Check out two of the […]| Kaman & Cusimano
Are owners in your condominium having trouble selling or re-financing their units? If so, it may be due to the condominium property being blocked by Fannie Mae for not meeting its lending criteria. Fannie Mae does not make loans, but it does purchase and guarantee them in the secondary market, which reduces risks to banks, […]| Kaman & Cusimano
Is your community located in a popular vacation area? Or experiencing a large public event where the number of people expected exceeds the hotel stock? The short-term rental (STR) market has been booming, especially with popular platforms like Airbnb and VRBO making it easier for people to rent their homes to travelers. But what does […] The post Basic Tips for Handling Short-Term Rentals in Condominiums and HOAs appeared first on Kaman & Cusimano.| Kaman & Cusimano
Kaman & Cusimano is proud to announce that Partners Joseph J. Cusimano, Darcy Mehling Good, and Robert E. Kmiecik have been named as 2025 Super Lawyers with Partner Nicholas Meinert being selected as 2025 Ohio Rising Star by Super Lawyers, part of Thompson Reuters publication. Super Lawyers is a rating service of outstanding lawyers from more than seventy practice areas who […] The post Three Kaman & Cusimano Partners recognized as Super Lawyers and one recognized as a Rising Star a...| Kaman & Cusimano
We end 2024 and begin 2025 with yet another Corporate Transparency Act update! The full panel of the 5th Circuit Court of Appeals temporarily overruled the earlier stay issued by the Court of Appeals’ three judge panel, which previously overruled the District Court’s preliminary injunction of the enforcement of the January 1, 2025, deadline for […] The post CTA Update! appeared first on Kaman & Cusimano.| Kaman & Cusimano
How to Avoid Common Pitfalls as an Association Board Member It is well-established that Association Board members (directors and officers) have fiduciary duties to their owners and associations. Failure to adhere to them can result in lawsuits against the associations, their directors, and officers. Unfortunately, directors and officers sometimes increase their risk by engaging in […]| Kaman & Cusimano
