Community Association Management
Are you putting your most valuable assets in the hands of the most qualified professionals?
Community Association Management
Are you putting your most valuable assets in the hands of the most qualified professionals?
CMCA, AMS, PCAM
Best in Class
Financial Management
Financial Management
No other designation in the community association management business symbolizes professionalism like the Professional Community Association Manager (PCAM). Denoting the height of knowledge and expertise for community managers worldwide, the designation signifies the highest level of individual accomplishment in the community association
No other designation in the community association management business symbolizes professionalism like the Professional Community Association Manager (PCAM). Denoting the height of knowledge and expertise for community managers worldwide, the designation signifies the highest level of individual accomplishment in the community association management profession. Employing a manager who has earned a PCAM means you have a professional who knows how to preserve the character of the community, protect property values, meet your expectations and build a true sense of community.
Financial Management
Financial Management
Financial Management
Healthy finances are critical to the sound operation of a community association. The association should implement a reserve program based on a replacement reserve study and make sure it has adequate funding. The association should ensure the implementation of an annual operating budget. Additionally the association should implement sa
Healthy finances are critical to the sound operation of a community association. The association should implement a reserve program based on a replacement reserve study and make sure it has adequate funding. The association should ensure the implementation of an annual operating budget. Additionally the association should implement safeguards to protect association assets, and monitor its systems of internal control.
Risk Management
Financial Management
Facilities Management
Risk Management is the process of making and carrying out decisions that minimize the adverse effects of accidental losses. It involves five steps:
- Identifying exposures to loss
- Examining alternative techniques
- Selecting the best techniques
- Implementing the chosen techniques
- Monitoring and improving the risk management program
Facilities Management
Reserve Study & Sustainability
Facilities Management
To protect property values, association boards and managers must maintain certain elements of the community. To recognize the community association maintenance needs and provide for adequate maintenance of the association's physical asses a facilities management system is needed.
Reserve Study & Sustainability
Reserve Study & Sustainability
Reserve Study & Sustainability
Reserve studies comprise two parts: A physical analysis that provides information about the physical condition of the major common-area components and a financial analysis that provides information necessary to maintain the fund appropriately.
Maintaining the common elements involves more than simply reconstructing an existing component
Reserve studies comprise two parts: A physical analysis that provides information about the physical condition of the major common-area components and a financial analysis that provides information necessary to maintain the fund appropriately.
Maintaining the common elements involves more than simply reconstructing an existing component and restoring it to its original condition. Sustainable communities are regenerative.
Community Leadership
Reserve Study & Sustainability
Reserve Study & Sustainability
Board members are bound under state law - usually a general nonprofit corporation or a specific condominium/community association statute--to act within their authority, to exercise due care and to act in good faith, taking into account the association's best interest. Under the fiduciary model, board members do not have individual power
Board members are bound under state law - usually a general nonprofit corporation or a specific condominium/community association statute--to act within their authority, to exercise due care and to act in good faith, taking into account the association's best interest. Under the fiduciary model, board members do not have individual power or authority. Rather, decision-making ability rests with the full board.
Community Governance
Association Communications
Association Communications
The Hierarchy of Authority for Association Laws:
- Statutory and common law foundation
- Declaration
- Articles of Incorporation
- Bylaws
- Rules
- Procedural resolutions and guidelines
- Other resolutions of the board of directors
- Contractual obligations imposed by the board of directors
- Actions and decisions by officers and employees
Association Communications
Association Communications
Association Communications
As a community association volunteer leader, board member or manager, you communicate frequently every day -- in phone conversations, small group discussions, casual encounters, writing specifications for vendors or letters to residents, or in formal presentations to a group.
As board members, you can't allow your message to make its way
As a community association volunteer leader, board member or manager, you communicate frequently every day -- in phone conversations, small group discussions, casual encounters, writing specifications for vendors or letters to residents, or in formal presentations to a group.
As board members, you can't allow your message to make its way around the association and get completely changed. That's why communicating effectively, appropriately and frequently is essential to the success and harmony of your community.
Contact Us
Association Communications
Contact Us
The management contract dictates and outlines the scope of the relationship between the manager and association.
The relationship is an agency relationship which is a consensual relationship between two parties--a principal and an agent--in which the agent has the power to bind the principal by the agent's actions.
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