Each spring when weather begins to warm up, residents eagerly anticipate breaking out their swimsuits, while at the same time condominium and homeowner association boards begin to expedite opening community pools. Ever present in the minds of those tasked with this job, are the possible unexpected delays and problems that have the potential to derail the best laid pool opening plans.
“Breaking up” may be hard to do but when an association is ready to call it quits with its property management company and enter into a new relationship, there are some best practices it should follow. We spoke to Leonard Barber, CPA, CMCA, PCAM, President of Executive Property Management in North Brunswick, New Jersey, who offered some insight on the matter.
For some, one of the downsides of living in a condominium or homeowner association has always been close proximity to your neighbors. This can especially become a problem when your neighbors are loud and inconsiderate. But what if the rowdy family “next door” is a feral cat colony? What are your options when feline squatters settle in your community?
Have you been wondering how having a golf course in your community affects your reserve study? Should you include it in your master study? Or should courses be treated as a separate entity? For this topic we reached out to Peter Miller, RS of Miller+Dodson Associates, Inc., a nationwide consulting firm based out of Annapolis, Maryland. Miller has been working with reserve studies since the 1980s.
Boards of community associations are tasked with the onerous responsibility of running their communities, and ensuring all facets of doing so are given their necessary attention. But how can boards make sure they’re attending to everything they’re supposed to, and doing it properly? Boards are legally bound to exercise due diligence in their roles leading their associations, but what exactly is due diligence, and how can board members make sure they’re complying?