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Summer Pool Preparation: Year-Round Tips

Summer Pool Preparation: Year-Round Tips

We all know that opening a pool for Memorial Day week-end can be one of the most challenging and frustrating tasks a community can go through. Pools can be one of the biggest liabilities an association has, and the selection of a pool management company is probably one of the most important contractors a board…

State Tactical Security and Investigations

State Tactical Security and Investigations

State Tactical Security & Investigations is the company you need for your security and want for your peace of mind. State Tactical has over forty-five years of experience in the fields of law enforcement and security. We specialize in multi-family security. Our training and work ethic is second to none. Our officers are working daily to set a…

Board Member Orientation – Time Well Spent

Board Member Orientation – Time Well Spent

 We have all seen the “trial by fire” training that many volunteer board members receive.  They attend their first meeting, receive a large notebook or envelope containing the association’s contracts and documents, and begin to address the current events facing their association.  In many of these instances, the amount of information provided is staggering and…

The Impact of Legislation

The Impact of Legislation

The collection of assessments is central to the viability of any community association as assessment revenue is typically an association’s sole or primary source of income. The operating premise of most associations is that an annual budget is prepared based on the association’s projected expenses for the year, including contributions to a reserve fund, and…

Know What to Look For When Reviewing a Balance Sheet

Know What to Look For When Reviewing a Balance Sheet

Know What to Look For When Reviewing a Balance Sheet A Balance Sheet is a snapshot of an Association’s finances.  However, new Board members often don’t know what to look for when reviewing the Balance Sheet included in the financial packet they receive from their management company every month. This guide provides some gereral accounting…

Budgeting

Budgeting

Budgeting Holy cow! I can’t believe it is time to begin preparing next year’s budget. Where to start? The first item of business is to retrieve the financial information for the last year and determine what the association spent this year. Look at the trend for the expenses. Are you spending more or less money…

What Your Association Board Does for You

What Your Association Board Does for You

What Your Association Board Does for You As a recognized homeowners association, your community has an association board to help your HOA run smoothly. The board is made up of volunteers who execute a wide variety of tasks many of you may not be aware of; however, their work affects every single resident. >One of…

Homeowners Association Insurance and Natural Disasters

Homeowners Association Insurance and Natural Disasters

Homeowners Association Insurance and Natural Disasters The most unexpected east coast earthquake of 2011 was felt all across the Washington Metropolitan Area and as far as New England, Ohio, and the Carolinas. Fortunately, only minor damage was reported.  While this is an extremely rare case it does raise questions of insurance coverage. Of the many…

Duty To Attend HOA Board Meetings

Duty To Attend HOA Board Meetings

Duty To Attend HOA Board Meetings The role of any management team is, by definition, to be responsible for the operations of the organization they’re working for, a homeowners association in our case. That naturally encompasses the board of directors and subsequently every member of the board. This is the reason why every director needs…

Hoarding Clean Up Costs

Hoarding Clean Up Costs

Hoarding Clean Up Costs At least once a day I get a call from a person in the Baltimore, Rockville, Maryland and Washington DC area asking about how much it costs to clean up a loved one’s home due to hoarding. It always makes me a little sad to hear the stories of loved one’s…

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