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Board Minutes – The Basics to Include

Board Minutes – The Basics to Include

Good minutes of the board of directors meeting can take a variety of styles, and levels of detail. But there are certain “key ingredients” that all minutes should have, in order to provide an intelligible history of the organization’s activities, and serve as an effective tool for managing the organization going forward. Date, time, location…

Keys To Becoming An Effective Board Member

Keys To Becoming An Effective Board Member

“Having never served on a board before, the excitement of being appointed / elected was a rush. After mentally moving fast forward through an imaginary career that starts on this board and somehow ends with a ticker – tape parade in my honor, I snapped back to reality. They didn’t say ‘join’ the board, they…

Managing Condominium Conversion Projects

Managing Condominium Conversion Projects

By:   Katherine M. Wolfe, CMCA, AMS, PCAM District Manager, EBMC – Las Vegas, NV According to Wikipedia, an Internet based encyclopedia, a condominium conversion is defined as “a process of entitling an income property, often seeking approvals from both state and local authorities, in order to convert from sole ownership of the entire multi unit…

Enforcement of Use Restrictions and ARC Violations

Enforcement of Use Restrictions and ARC Violations

By:   Katherine M. Wolfe, CMCA, AMS, PCAM District Manager, EBMC – Las Vegas, NV  Your Board of Directors has a fiduciary responsibility to uniformly enforce the use restrictions dictated by the governing documents as well as ARC violations.  Most of the inspection process is handled through your management company on a monthly basis at the…

Condominium Insurance: Are you Insured Adequately?

Condominium Insurance: Are you Insured Adequately?

By:   Katherine M. Wolfe, CMCA, AMS, PCAM District Manager, EBMC – Las Vegas, NV  When purchasing a home, the mortgage company often requires a certain amount of insurance to protect its investment, something a homeowner would want protected as well.  For single family homes, it’s pretty much cut and dry—insure the structure(s) and reduce potential…

Five Reasons for Industry Specific Software

Five Reasons for Industry Specific Software

In shopping for software, there are three types of software that most companies will consider: Generic retail box software Custom solutions Industry specific software Each of these options has its pros and cons, it’s important to consider a few things. Generic retail “out of the box” software often lacks the core functionality needed by management…

Communication Is The Key

Communication Is The Key

A pastor of a local church had a church member who was a superb English teacher. The teacher was always using perfect elocution, pronunciation and vocabulary when speaking. Also, she was very concise in her remarks. Realizing that his use of the English language was not always as precise as it should be, and often…

Board Member, Committee Member and Management Company: Working Relationships

Board Member, Committee Member and Management Company: Working Relationships

Committee structure is absolutely critical to the effectiveness of the Association. There are occasions where the dynamics and reporting or working relationships between Board members, Committees and Management become muddy and the outcome is often frustration and a feeling of wasted time and effort by all parties involved.   A refresher course is sometimes in order…

The ad you should have bought yesterday, just got bought by your competitor today!

The ad you should have bought yesterday, just got bought by your competitor today!

We see it time and time again; people review our latest email and they even visit the website, but they get busy and move on. They then remember, or find an old email we have sent in the past, and they check back to the website only to find that their largest competitor has an…

What is a community association or HOA?

What is a community association or HOA?

What is a community association? A community association is simply a private, non-profit organization comprised of the homeowners who live in the community. You automatically become a member of the Association on the day you close your escrow on your new home. The Association is governed by a set of documents called the Covenants, Conditions…

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