When dealing with the operation of common interest communities, some people begin to take on industry vocabulary and just expect everyone else to understand what they are saying and how important the statement being made may be. Statements such as, “Well, CCIOA (pronounced Kiowa) says, you must disclose board emails” and “the maintenance obligations forGo to Resource
Resources
It usually happens on a Friday afternoon. The mail is delivered as is customary, and low and behold you see an unfamiliar envelope. DORA (Department of Regulatory Agencies) has sent you a letter. Curiosity peaks your interest for a nano-second before the prospect of a nice weekend returns to the forefront of your mind. UnbeknownstGo to Resource
An Overview These materials concern themselves mainly with the effect of a bankruptcy on a homeowner association’s ability to collect its assessments. Put another way, the object of these materials is to acquaint association managers and Board Members with the skills that will be necessary to determine whether a delinquent debt will still be collectibleGo to Resource
Fidelity insurance protects the association in the event someone associated with the association takes the association’s money and runs. Typically, fidelity insurance will provide coverage in cases of employee theft, theft of money and securities while on premises or in transit, forgery, fund transfer fraud, computer fraud, money order and counterfeit currency fraud, credit cardGo to Resource
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