Resources

Steps to Use for Successful Negotiation

Filed Under Governance, Litigation, Misc

Posted September 24, 2011

Is negotiation another word for compromise? Possibly, but we like to think of it as cooperation. Both sides should leave the table feeling satisfied that their voices have been heard, regardless of what they may have lost to obtain the mutually agreeable solution. In the community association setting, negotiation skills are essential to the effectiveGo to Resource

Tips For Protecting Your Association Finances

Filed Under Financial

Posted September 24, 2011

Volunteer boards of directors of condominiums, cooperatives, and homeowners’ associations often perform a number of functions vital to the successful self-governing of the association: fostering community harmony, maintaining common areas, and establishing and enforcing rules. The ability of the association to perform these functions depends upon its success as a business. One of the mostGo to Resource

How to Cut Costs on Legal Fees

Filed Under Governance, Misc

Posted September 24, 2011

Legal fees are a necessary association expense. However, many homeowner associations pay more than they should. Perhaps your association has been using a reliable law firm for several years but you’re troubled by the size of the bills. Or maybe you’re looking for a lawyer to provide legal services to your association. In either situation,Go to Resource

Maintaining Association Business Records

Filed Under Governance, Misc

Posted September 24, 2011

A homeowner’s association is a non-profit corporation. Every corporation produces business records which can be a life line or anchor for a business. If a business keeps proper records, these records can help lessen the threat of litigation. If a corporation fails to maintain proper documentation, the ability of the corporation to defend itself isGo to Resource

Budgeting For Owner Associations: Pre and Post CCIOA

Filed Under Financial

Posted September 24, 2011

A. Budgeting in General Prior to actual budget approval, consider the following: Set goals. Review, revise and update goals each year. Involve the community and Owners through meetings, opportunities to serve on committees and questionnaires. Establish a planning process for each service offered to community to assist with budgeting process. Each service provided by theGo to Resource

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