Do We Really Need Committees?
My definition of a community association committee is: An organized group of individuals that addresses specific issues of the association and then provides recommendations to the board of directors.
There are three types of committees: mandatory, standing and ad hoc. Mandatory committees are “mandated” in the association’s governing documents. That means that if the declaration states that “there shall be a Nominating Committee”, the board must ensure that there is a Nominating Committee that complies with the functions detailed in the declaration.
by Joanne L. Willoughby
CMCA®, AMS®, PCAM®
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Is Your Condominium Unit Properly Insured?
Many condominium owners are under the impression that the condominium association’s master insurance policy will cover their personal losses when fire, flood or other disaster occurs. This is not usually the case; most of the time, additional insurance should be purchased by both condominium owners and tenants to bridge the gap between the association’s insurance coverage and the actual loss.
by Jim Nitschke
CMCA®, AMS®, PCAM®
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 Avoiding the Pitfalls of Unsolicited Management Proposals
For the community association board being pressured by owners and wanting to save every penny possible, the low-ball bids for services, including management services, often seem too good to pass up. Beware that there is a downside with negative impact on the association.
It happened in the housing and real estate crash of the late 1980s and early 1990s and it is happening now. During times of decline in the housing and real estate industry, high unemployment job seekers from every facet of the real estate spectrum find themselves in need of income.
by Sherrill Schafer
PCAM®
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|  Your HOA Needs You
It’s time for your association’s annual meeting and fresh blood to be on the board of directors. You are approached by some of your neighbors and with a little arm twisting you finally relent and agree to run for the board. After all, aren’t you tired of nothing being done about that neighbor who is running a business out of his home or the tenant who never seems to pick up after their dog or the landscape company who never picks up the trash around the shrubs? Now that you’re on the board, you can change all that, right?
by Teri Foust
CMCA®, AMS®, PCAM®
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Working with Financially-Distressed Developers
Every 7-10 years, there is typically a downfall in the market. The current decline has had a great impact on financial institutions and the auto industry, but the hardest hit has been the housing industry. The difference this time is the role played by the financial institutions that are not lending at previous levels.
Through the trickle-down theory, the financial stresses of developers have hit developing community associations hard. Builders have had to downsize. And, many of their employees had been serving on boards.
by Katie Williams
CMCA®, AMS®
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