For HOA boards and homeowners, financing is not just a funding mechanism, it can be a strategic tool for managing community investments responsibly. Rather than relying solely on reserves or imposing special assessments, financing can provide a balanced approach that helps preserve long-term financial stability while minimizing immediate homeowner impact. Thoughtfully structured loans can enable […]
Many of the procedural misconceptions that slow down board meetings arise because people confuse the rules for a larger membership meeting with those for a smaller board or committee meeting.
Here are three meeting myths that can make community association board meetings less efficient.
Every community association needs a records retention policy that dictates what documents and files to keep and for how long. Start with our sample records retention schedule.
Insurance helps community associations manage risk, protect shared assets, and reduce unexpected financial strain. Regularly reviewing coverage, legal requirements, and the division of responsibility between associations and owners can help communities make better insurance decisions. Consider these key areas when evaluating or updating coverage.
The fifth anniversary of Surfside represents an opportunity to remember those lost and their families and recognize the meaningful progress made to improve maintenance, inspections, and financial accountability. A member of CAI’s Condominium Safety Public Policy Task Force reflects on his personal feelings and industry efforts following the disaster.
Most community association documents require the board to use parliamentary procedure at annual and special meetings. Robert’s Rules of Order has been the go-to guide for 150 years.
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