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Your Community Welcome Mat

Your Community Welcome Mat

You may have a “welcome mat” at your home. It communicates to household members and visitors alike that they are welcome and promotes a sense of belonging that they should feel comfortable being there.   In the same way, your association web site should be considered as the virtual “welcome mat” to your community.  It needs…

Committees and how they can help your community!

Committees and how they can help your community!

Committees add so much to the welfare of any HOA. It is important for each HOA to create only those committees that are needed, but the participation of residents on committees can serve as a positive contribution to the Board of Directors and engage more residents in the process of uniting all residents in the…

Does our homeowners association pay taxes?

Does our homeowners association pay taxes?

What a good question, because almost everyone in the homeowners association and those in the industry always ask the same question. Unfortunately there are many forms of taxes and lots of regulations that make that a rather complicated answer. For federal tax purposes, homeowners associations are treated as corporations.  Even if an HOA was created…

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…

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