Drones can have wide-ranging benefits in community associations. Here’s what you need to know about their capabilities, adopting rules, and due diligence when contracting with a drone operator.
Just like for-profit businesses, association boards should work diligently to develop annual budgets that estimate revenue and expenses for the upcoming fiscal year. A properly drafted budget can help prevent reduced services, deteriorating property, or special assessments.
New guidelines issued by the U.S. Department of Housing and Urban Development will allow more condominium units to be eligible for mortgages insured by the Federal Housing Administration—making homeownership more attainable for first-time buyers.
The erosion of civility in our society has begun to manifest itself in private residential communities. This comes in many forms—from rudeness and disruptive behavior at meetings to more dangerous and escalating actions. It’s time for community association boards to send a message that uncivil behavior won’t be tolerated.
As the growing community association management industry is witnessing a changing of the guard, its pioneers are looking for ways to successfully pass the torch to the next generation of leaders.