Time For Community-Governed Associations To Wake Up And Smell The Coffee!
Reprint from California Association of Community Manager’s (CACM) 2015 Summer Edition of Vision Magazine. By: Vicki MacHale, CCAM, CMCA In 1978, Proposition 13, The People’s Initiative to Limit Property Taxation, passed within the State of California. This proposition limited the manner in which municipalities could assess property taxes. With the gravy train at an end, […]
BROKER BEWARE: LAWSUIT FILED AGAINST LISTING BROKER FOR NONDISCLOSURE
Being sued is everyone’s worst nightmare. According to a Realtor.com article: A Florida appellate court has considered whether a purchaser’s lawsuit adequately stated claims against a listing broker for failing to disclose latent defects on the property. Paul and Mary Cummings (“Sellers”) entered into a contract to sell their townhouse condominium to Erik and Carol […]
35 Ways To BULLETPROOF Your Condo Association
Over the past few weeks, we’ve discussed what ALL board members and officers of community associations in America should read: the 35-point bulletproof list of financial procedures detailed in “Escaping Condo Jail“, and consider it a survival manual. Divided into four segments: Inheriting Old Books Guarding and Vigilance Cyberbanking Procedures Efficiency Maximization and Return […]
How To Bulletproof Your Association’s Biggest Asset: The Money (Pt. 4)
This is our four part discussion of what ALL board members and officers of community associations in America should read: the 35-point bulletproof list of financial procedures detailed in “Escaping Condo Jail“, and consider it a survival manual. It is divided into four segments: Inheriting Old Books Guarding and Vigilance Cyberbanking Procedures Efficiency Maximization and […]
How To Bulletproof Your Association’s Biggest Asset: The Money (Pt. 3)
This is our four part discussion of what ALL board members and officers of community associations in America should read: the 35-point bulletproof list of financial procedures detailed in “Escaping Condo Jail“, and consider it a survival manual. It is divided into four segments: Inheriting Old Books Guarding and Vigilance Cyberbanking Procedures Efficiency Maximization and […]
How To Bulletproof Your Association’s Biggest Asset: The Money (Pt. 2)
This is our four part discussion of what ALL board members and officers of community associations in America should read: the 35-point bulletproof list of financial procedures detailed in “Escaping Condo Jail“, and consider it a survival manual. It is divided into four segments: Inheriting Old Books Guarding and Vigilance Cyberbanking Procedures Efficiency […]
How To Bulletproof Your Association’s Biggest Asset: The Money (Pt. 1)
If you are elected treasurer of your community association and accept the challenge, there are many policies and procedures you will need to learn before you start planning budgets, collecting assessments, and signing checks. Board members and officers of all community associations in America should read the 35-point list of financial procedures detailed in “Escaping […]
3 Times When Bully Boards Went From Annoying to Tragic
Overaggressive enforcement of HOA rules has led to suicides and deaths, according to award-winning investigative journalist Ward Lucas, author of Neighbors at War! He documented the following three HOA deaths in his book: Robert Nelms, an elderly resident of the Velda Rose Estates Homeowners Association in Maricopa County, Arizona, was fined $10 a day because […]
$3.9 Million Reasons Why Bully Boards Need To Shape Up
In yet another example of a bully board gone bad, in April of 2012, a Hawaii couple was awarded nearly $3.9 million in damages after a Maui jury found they had been subjected to threats, harassment, and intimidation in a dispute with their condo association. Owners Jim and Nancy Bevill sued their association, its board […]
3 Signs Your Condo Association Might Have A “Bully Board”
“Bully boards” are so prevalent that the term is commonplace lingo among community association property managers and real estate attorneys. It’s a moniker used to describe condo and homeowner association (HOA) boards that are so drunk with power, they resort to abusing their subjects– the owners. Unlike typical renters, most homeowners simply cannot pick up […]