Monthly Archives: February 2012

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Being a Board Member

New to a community association and interested in getting more involved?  Think about serving on your community’s board of directors. How does the board get elected? At the annual meeting of the association by the homeowners within the community, unless: The community is under development, in which case, most of the time, the board consists

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Ask Before You Alter

The deed restrictions for your community probably require written permission from the Architectural Control Committee (ACC), Architectural Review Board (ARB) or board of directors before any changes, alterations or additions are made by an owner/resident to the interior (structurally) or exterior of a home. In response to these legal requirements, some associations and management companies

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Educating New Board Members

The more new volunteers know about the history of their community, on-going projects and future challenges, the sooner they will become active and constructive board members. Providing the information “up front” is much better than the newly-elected board members having to constantly ask or learn it when crises arise. Listed below are some steps you

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Directors and Officers (D&O) Insurance

Do you have the proper coverage to protect volunteers as well as committee members? One area of community association insurance that is always a little vague to most of us is liability coverage for elected board members, as well as insurance coverage for appointed officers, and committee members operating under the jurisdiction of the board.

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Importance of a Consistent Collections Program

To ensure the stability of every association, maintain property values and fulfill fiduciary obligations, it is important for the association’s board of directors to effectively pursue collection of assessments.   Associations’ annual budgets are based on the assumption that all property owners promptly and consistently pay their assessments. Typically, delinquency rates for an association range

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