Risks and Rewards of Association Self-Management
There are both advantages and pitfalls for common interest realty associations (CIRAs or associations, plainly) that wish to self-manage. A self-managed association typically employs an onsite professional manager who works directly at the board’s behest and is given authority to complete assignments, coordinate departments, collect and disseminate information to the board, protect assets, enter into contracts, handle the accounting for the association, manage other association employees, work with the board and sub-committees, and serve as a liaison between the board and individual homeowners and contractors. Read the article…………….
Sometimes, co-op boards and their property managers need to be as adaptable as a chameleon. This came home during a
Homeowner association websites contain a wealth of information, from minutes of the board of directors meetings, the declarations and bylaws
Discrimination claims can hit even the most attentive and well-meaning condo and co-op boards. This is especially true when residents