Assisting with board meeting preparation and facilitation. Providing guidance on governance and legal compliance. Training for board members on roles and responsibilities. Vendor Management Sourcing and managing contracts with vendors and service providers. Negotiating and renewing contracts for community servic...
You are juggling fiduciary responsibilities and money matters:These obligations affect every homeowner in the neighborhood, and you may need legal assistance when questions or concerns arise. An attorney can help you stay in compliance with local regulations and laws. If your HOA board needs legal c...
Too many new board members try to wing it when they join the board. New board members need to learn about the association. They should get their officers to give them an overview of their roles and responsibilities and the management plan in existence for the association. As soon as a new...
committees serve a number of other important roles. “It promotes a sense of community,” Worrall says. For most owners, “you vote in a trustee and then you’re done until you vote another one in the next year. A lot of people will participate in a committee because they want to feel...
“You can use volunteers,” says Lerner. “It’s not illegal on its face, but extreme liability issues could come up.” Basic vigilance and a good relationship between residents and management, as well as an understanding of the responsibilities and roles of both sides in maintaining the right...
Everyone can use a little help now and again. The residents of condominiums, co-ops or homeowners’ associations are no exception. There are tons of tasks that just cannot be left up to the board or residents, who are busy people themselves, juggling multiple roles and responsibilities of the...
As you plan to reopen the property, you’ll need to work with staff and tenants/residents on roles and responsibilities. Do not make assumptions about who is responsible for supplying equipment or adjusting operations. Some of the responsibilities raised by reopening a property will probably not ...
As you plan to reopen the property, you’ll need to work with staff and tenants/residents on roles and responsibilities. Do not make assumptions about who is responsible for supplying equipment or adjusting operations. Some of the responsibilities raised by reopening a property will probably not ...
As you plan to reopen the property, you’ll need to work with staff and tenants/residents on roles and responsibilities. Do not make assumptions about who is responsible for supplying equipment or adjusting operations. Some of the responsibilities raised by reopening a property will probably not ...
Reviewing the deductibles and coverage limits of the HOA master insurance policy should be a priority for homeowners. It ensures that they have a clear understanding of their financial responsibilities and the extent of coverage provided in the event of a claim. ...