Resources

Many community associations are now welcoming and orienting their new board members.  The more information board members receive, the more effectively they can carry out their responsibilities.  When given the right information in an easy-to-use format, most board members are happy to educate themselves about their new role, and come to their first board meetingGo to Resource

Questions to ask when preparing for a media opportunity. Who will be our spokesperson and respond to the media? Board or committee members are often the most effective spokespeople for your association. Whoever is the spokesperson should be knowledgeable, easily available and willing to keep all stakeholders (board members, manager and attorney if appropriate) inGo to Resource

“A verbal contract isn’t worth the paper it’s written on.”  So states Samuel Goldwyn, in Goldwyn’s Law of Contracts.  What he didn’t say is that even a written contract, without key provisions, could be every bit as worthless as a verbal one.  The following are some key provisions that every contract should have: Parties’ Names.Go to Resource

Use this checklist if you are going to sell the Association’s lien rights: When to consider assigning association’s lien:  Property is being foreclosed on by the first mortgage holder and association is not going to redeem.  Often times an association will be contacted by investors if there is a sufficient amount of equity in theGo to Resource

GOVERNANCE ISSUES The role of the HOA and common terminology The role of the Board and the legal duties and responsibilities of directors, including limits on authority Review governing documents Board policies and procedures Rights and responsibilities of owners Role of the management company and review of a management company contract Review minutes from pastGo to Resource