Resources

Media Checklist

Posted September 23, 2011

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

Key Provisions Associations Should Have In Every Contract

Filed Under Samples, Forms, Checklists

Posted September 23, 2011

“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

Checklist to Sell Association’s Lien Rights

Filed Under Samples, Forms, Checklists

Posted September 23, 2011

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

Checklist for Board Orientation Topics

Filed Under Samples, Forms, Checklists

Posted September 23, 2011

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

Checklist for Limiting Manager Liability Insurance

Filed Under Liabilities, Samples, Forms, Checklists

Posted September 23, 2011

□ Obtain Professional Liability Insurance (errors and omissions insurance) □ Obtain a Business Owners Policy (BOP) □ Obtain Commercial General Liability (CGL) Insurance □ Become (if possible) a named or additional insured on Association’s Directors and Officers Liability Insurance □ Become named or additional insured on Association’s CGL Insurance □ Obtain Fidelity Insurance Management AgreementGo to Resource

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