Scenario: You are the president of an association with a staff of on-site employees who manage the clubhouse and pool, perform maintenance and repairs of the common areas, do the accounting and collection for the association, and otherwise administer the affairs of the association. You get a call at 5:00 on a Friday afternoon fromGo to Resource
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You’ve no doubt read the blogs and email blasts concerning the HB 1237, which was recently signed into law by the Governor and takes affect on January 1, 2013. HB 1237 will impact various facets of association record keeping, but have you thought about what your association will need to do to comply with andGo to Resource
If your association is a condominium community created after July 1, 1992 (post-CCIOA), take a look at your property insurance policy and see if the association maintains a “bare walls” policy. If so, this insurance policy may be subject to challenge regardless of what your governing documents might require. A “bare walls” policy typically coversGo to Resource
Surveys have found that speaking in public is one of many people’s top fears. Perhaps that’s one reason why, when preparing for homeowner meetings, the president usually spends most of his or her time anticipating how best to handle difficult issues, and comparatively little time preparing for the president’s report. It’s natural for a presidentGo to Resource
Most properties are owned by individuals. Collections for unpaid assessments due from individuals generally involve lawsuits against the owners, leading to wage garnishments, bank garnishments, or tenant garnishments. However, occasionally a board is faced with attempting to collect unpaid assessments on a property owned by another type of owner, such as an LLC, a trust,Go to Resource