网络捕鱼平台 Hiring a Professional Property Manager for your HOA or Condo Association is the surest way to build value for you and your fellow homeowners. They bring the latest professional standards and proven cost-effective methods to make your Association more responsive and effective in meeting your community's needs.Read More...
网络捕鱼平台Sometimes, even when you've given your best effort to resolve a conflict, it can escalate and become a lawsuit. They can be intimidating, especially if this is your first time dealing with one as a condo association or HOA board member.Read More...
As an HOA or condo association board, it’s always your primary responsibility to put the community’s well-being first. Whether you’re
protecting finances, keeping up with maintenance, or managing public relations, the board’s fiduciary responsibility to the entire community must always be a first-order priority.
网络捕鱼平台And whether you like it or not, social media risk management is part of that fiduciary obligation. Social media usage among your residents and board members can be a great communication and engagement tool; however, it can also be a public relations nightmare and a serious legal risk if not managed effectively.
There is perhaps no task more important than protecting the financial health of your HOA or condo association. Every board member has a fiduciary responsibility to always do what’s in the best interest of the community. Failure to create, maintain, and communicate financial processes and reporting can result in long-lasting damage to property values and your HOA or condo association’s reputation.
More often than not, disputes, controversies, and negative impacts are caused by poor financial management rather than deliberate deception and fraud. Identifying and combating fraud is another topic altogether.
网络捕鱼平台 If you’re a board member tasked with financial responsibilities it can be tough. Even small HOA and condo buildings have complex financial processes and reporting requirements. Add to this the volunteer nature of board membership, and financial missteps — intentional or not — are not hard to imagine.
As an active board member or engaged community member, you’re tuned into your HOA or condo association’s regular activities and needs. Your board, along with its community management firm partner, is responsible for protecting your community’s lifestyle, property values, and overall quality of life.
When things start to break down — snow piles up, fees fail to be collected, or the community pool starts to decay — the partnership between your board, HOA, and the community management company is likely breaking down, too.