Archive | January, 2009

Areas of responsibility

Areas of responsibility

Understanding the scope of association insurance coverage is basic to protecting the vital interests of the owners. Do you understand what the association’s duties are when a fire, windstorm or burst pipe damages the common elements or unit interiors? The association’s insurance duties are addressed in the governing documents (sometimes called CC&Rs – Covenants, Conditions & Restrict... read more

Posted in InsuranceComments (1)

Three bids or something better?

Three bids or something better?

Many contractors serving the HOA industry spend an undesirable amount of time submitting free estimates for jobs that will likely be awarded to other vendors. Associations may incorrectly believe that this service has no cost attached. Over the course of a year, however, these costs with no return can be substantial, and it’s the client who ultimately picks up the tab for it. The predominant min... read more

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Eco-friendly practices in property management

Eco-friendly practices in property management

Incorporating green practices into facilities management is quickly becoming a nationwide priority, and the property management industry is no exception. Homeowners’ associations and property management companies across the country are instituting a range of practices to make them more eco-friendly. Though it makes people feel good to be apart of a community that is proactive about saving the en... read more

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CC&R:The enforcement process (Part two of three)

CC&R:The enforcement process (Part two of three)

The second installment of the “enforcement process” will address how a board of directors can maintain order within a community by handling infractions appropriately. Also emphasized is the importance of being reasonable when creating rules or guidelines that govern the outdoor aesthetics of a community. How to handle infractions Minor infractions range from trashcans remaining in the street ... read more

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