Many homeowners aren’t entirely clear about the mechanics of governance that apply to their homeowners association. It’s understandable–when you become a member of a homeowners association, you become a member of a non-profit mutual benefit corporation. This corporation is governed by Bylaws, Rules & Regulations, Covenants, Conditions& Restrictions (CC&Rs) and usually involves a property management company. For a quick run-down of who does what, review our article titled, “Community Management: 3 Things You Need to Know.” In the meantime, sorting through roles, responsibilities, procedures, precedent and best practices can be time-consuming. Luckily, you’ve got a secret weapon: your property manager. Read the article…………….
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