News: In the News
Ben Karb Quoted in North Carolina Lawyers Weekly on Champlain Towers South Condominiums Collapse
In “Fla. condo tragedy spurs action, need for legal counsel across U.S.” Karb, a community association law attorney in Offit Kurman’s Charlotte office, advises the concept of being proactive is more complex than it may initially seem.
“I think in the short-term that it will cause communities to rethink their assessment practices and to build up reserves,” Karb said. “Long-term, I suspect that old habits will prevail unless the legislature mandates reserve studies and that communities maintain a certain amount of reserves.”
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