Here's a quick rundown of all of the happenings in the CAM industry in this week's CAM Mashup!
(I know the phrase is 'legal eagle' but I like beagles more than I like eagles, so we're changing it up a bit.)
Today, CAI Legislative Alliance for Florida sent an email urging Floridians entangled in the community association industry to send emails to their state representatives in opposition to several new bills that have been introduced. These bills would hold volunteer board members accountable by third-degree felony for failing to provide association records, violating bylaws, and more (SB610), and would negatively impact community associations by requiring that they accept Short-Term Rentals (SB/824/HB987). These are all being voted on today (3/25/19) and tomorrow (3/26/19) respectively, so keep your eye out for more updates, and be sure to call your representatives if you're in Florida.
It also doesn't hurt to track your own states' legislation regarding these particular hot button topics, or any of the other topics concerning community association industry proceedings. Right now, for example, California is also facing a litany of bills that could very well cause unnecessary burdensome work for HOAs and condo associations, like SB323 (deemed a "recycle of last year's SB1265" by the San Diego Union-Tribune) that would impact the HOA elections process. There will always be good reason to keep your eyes and ears open when it comes to pending legislation, so remember to stay alert, and that you are your biggest advocate!
There comes a time in the development of or life of a planned community where the decision must be made about how the community will be managed. Self-management is not for all communities, but if it is your desire to self-manage, these are the items that need to be considered:
Self-management is a popular option for community associations for a reason--you get way more control over your community and the information, and at the end of the day, that's a pretty big motivator. Are you and your management team (Board of Directors, community-hired licensed CAM manager, accountant, butcher, baker, candlestick maker) ready to take on that task?
Self-management likely means more involvement in the overall planning of the way the community will be run, like finding ways to keep current homeowners engaged and get prospective new homeowners excited about living in the community.
But, it also means having a standard procedure in place for the bad things, like when little white lies from disgruntled homeowners become Pants-On-Fire level lies about the management of the community.
Whether you choose to self-govern or work with a property management company, it's important to have these plans in place because your homeowners's satisfaction reigns supreme at the end of the day!
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, or email email@example.com and share a link to your news with us for inclusion in the next mash-up!
About the CAM Mash-up: 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!