Earlier this year, Fannie Mae and Freddie Mac announced important changes to condominium reserve funding requirements. Management companies and condo boards nationwide need to take the changes seriously and act now.
Board actions and attitudes are interwoven with customer service and community culture. Learn how board members can build trust through better customer service, stronger communication, transparency, and resident engagement.
The CAI advocacy summit allows homeowners, board members, managers, and business partners to meet with federal lawmakers to educate them on community association industry policy issues. Here’s why you should attend.
Community associations are typically required to maintain some level of insurance to protect the association, its members, and shared assets from the risk of financial loss. These requirements are shaped by governing documents, laws and regulations, lender requirements, and best practice. One of the most common — and consequential — questions in community associations is about how insurance responsibilities are divided. Who covers what?
Clear, well-crafted governing documents are the backbone of a thriving community association. These essential documents need to be regularly reviewed, evaluated, and strengthened to keep up with changing conditions, issues, and attitudes. Here’s how to know when to update them.
