Did you hear about the community who lost access to all of their common property due to an unpaid $14 yearly tax? This and other horror stories, plus annoying your board, improving collections, parliamentary procedure and more this week in community association management.
As an educated member of the Community Association Management industry, you already know how crucial it is to stay informed and up-to-date on the latest news, trends and happenings within the industry. Each week, we bring together our favorite reads of the week and share them with you! Enjoy the CAM Mash Up and please share it too!
5 Traits to Consider in a Management Company
"All community management companies are not created equal. There are several factors that can separate high-quality management services from the rest." Do you know what to consider? Check them out here!
A New Kind of Audit
Read three stories of communities who lost it all as a result of not paying close enough attention to their governing documents. "Each of these horror stories carries with it a lesson that we can all learn from. It's not enough to just store old documents in filing cabinets and bank boxes. Your boards need to be keenly aware of what is contained in them, because what you don't know can absolutely hurt you."
"In a perfect world, everyone would pay his or her fair share and everything would be just. Unfortunately, this isn’t always the case, and your HOA likely won’t be either. In most cases homeowners are generally good about paying their dues, but almost every community struggles with one or two homeowners who repeatedly fail to pay their HOA dues. Here are some effective ways to help recoup delinquent dues and hopefully prevent them."
Templates for Days
"Sending out violation letters, entering invoices, issuing work orders, attending meetings, following up on action items – managers and board members have a lot to do and not a lot of time to do it. When it comes to completing these tasks, efficiency and organization are paramount. Using HOA templates can be a great way to reduce project time and maintain consistency. But, the needs of common interest communities can be very different, so finding, or creating templates that can be adapted to your needs can make your job easier." Here are the three that are absolute necessity!
Simple Rules of Order
"In large or complex bodies, parliamentary procedure can be exceedingly complicated. In the most formal versions of the Rules of Order, there are layers upon layers of motions and it can take and advance degree to understand or administer them. In most community associations, the approach is more informal. Nevertheless, because a Board can only act through a motion (that is recorded in the Minutes), some form of Rules of Order remains valuable. These principles can keep the well-intentioned Board on a straight path."
How to Annoy The Board
"Most people want a to live a simple Condo life and generally be left alone. Sometimes, however, life gets in the way, and there can be complications. While Condo Boards have a bad reputation, the reality is that most are made up of normal people who are fairly understanding. However, there are certain things that can cause a Board to crack down on you hard. Here are three ways to annoy Condo Association Boards."
Get Your BOGO
Management company executives, community association managers, accountants and administrators across the country are invited to join TOPS and over 30 leading community association service providers for 3 incredible, high energy days that will inform, inspire, and ignite a passion for the CAM industry. CAMfire 2018 will bring together 400+ CAM professionals at the Caribe Royale in Orlando, Florida from February 28 to March 2, 2018. Learn more and register for early bird Buy-One-Get-One tickets now!
Do You Have Big News This Week?
If you've got big news that would be relevant to other CAM professionals, please share it with us in the comments below!