Posted by AmberPM on July 22, 2011 · Leave a Comment
In making investment decisions the Board should use its best business judgment to protect the association’s reserve funds. Always check your association’s governing documents first for any specific investment limitations that have been imposed on the Board. Absent such document specific limitations, the Board should be primarily concerned with the security of the funds and … Continue reading →
Category Board of Directors, Community Manager, investments, Learning Tools · Tagged with Amber Property Management, Association, board of directors, buisness judgement, certificates of deposit, Civil code 1365.5, deposit, FDIC, Homeowner Association, interest, investments, liquidity, Orange County Property Management, preservation of principle, Property Management, reserve, reserve funds, return
Posted by AmberPM on July 13, 2011 · 1 Comment
Flying the flag is an important way that Americans celebrate their liberty and the sacrifices of past and present heroes who defend it. Recent news storiesabout a dispute between an Ohio homeowners’ association and a Vietnam veteran over a flagpole have brought an important issue to the forefront. In Ohio, a homeowner erected a large … Continue reading →
Category Board of Directors, Community Manager, Learning Tools, Q & A · Tagged with Amber Property Management, american flag, Civil Code, condominium act, displaying, flag, flagpole, flying the flag, Homeowner Association, Orange County Property Management, Property Management, unpatriotic, virginia property owners association act, volunteers
Posted by AmberPM on July 11, 2011 · Leave a Comment
You don’t want to make reserve-fund contributions that are too little, which may lead your co-op board or condo association toward borrowing, making a special assessment or even incurring the higher costs that come with deferred maintenance. But you shouldn’t put away too much, either. As a professional engineer and the president of a company … Continue reading →
Category Board of Directors, Budget, Community Manager, Learning Tools, Q & A · Tagged with acutal replacement, Amber Property Management, balance sheet, baseline-funding, board of directors, Cash Flow, defer projects, double budgeting, ongoing maintenance, operating budget, Orange County Property Management, Property Management, remaining useful life, replacement costs, reserve - funding, reserve contributions, Reserve Study, reseve funding, Responsibility, special assessment, useful life
Posted by AmberPM on July 11, 2011 · Leave a Comment
Some days I get emails and I have to wonder: “Is there something wrong with the sender … or is there something wrong with the person they are talking to … or is there some kind of miscommunication going on? Here is a scenario worth addressing which I received today from a reader: “For over … Continue reading →
Category Board of Directors, Community Manager, Learning Tools · Tagged with Amber Property Management, Association, board of directors, Condo, Condo Associations, Governing Documents, grandfather clause, HOA's, Orange County Property Management, Property Management
Posted by AmberPM on July 7, 2011 · Leave a Comment
For most community managers, reduced hours during the Christmas holiday is an opportunity to spend more time with family. HOA board meetings are even canceled. This annual time-off tradition is vulnerable to one dramatic event that can dampen your holiday cheer: severe weather! The intention of this article is to add a sense of ease … Continue reading →
Category Community Manager, Learning Tools · Tagged with Amber Property Management, board of directors, carpet, ceiling, Emergency, health threatening, homeowner, Homeowner Association, leaks, liablity insurance, life threatening, Orange County Property Management, personal belongings, procedures, Property Management, rain, Responsibility, roofing, storms, tarping, workers' compensation
Posted by AmberPM on July 6, 2011 · Leave a Comment
Myths and Facts about Mold: There is a lot of hysteria and hype due to the misinformation regarding mold. Most of this information is given to sell a company’s product or service regarding the clean-up of mold. The information given is not to go over every aspect of mold remediation or a DIY class, but … Continue reading →
Category Board of Directors, Community Manager, Homeowners, Learning Tools · Tagged with Amber Property Management, black mold, bleach, facts, Homeowner Association, Mold, mycotoxin, myths, Orange County Property Management, Property Management, Responsibility, stachybotrys
Posted by AmberPM on July 5, 2011 · Leave a Comment
In Southern California termites are like taxes; we all get them and though they come in relatively small amounts at a time, they build up and consume our hard earned money. Just like tax evasion can get you into a whole lot of trouble, so can termite evasion. Approaching the unwanted critters with knowledge and … Continue reading →
Category Board of Directors, Community Manager, Learning Tools · Tagged with Amber Property Management, Homeowner Association, multifamily, Orange County Property Management, Property Management, repairs, structures, swarm, taxes, termite control, termite control program, termite evasion, termite infestations, termites, wood
Posted by AmberPM on June 29, 2011 · Leave a Comment
Please read the article below and take our poll. The Associated Press JUPITER, Fla. — A Florida condominium association hopes dog DNA samples will help them determine which pet owners aren’t picking up after their pooches. The Village of Abacoa Condominium Association says cleaning up after dog owners who don’t clean up after their dogs … Continue reading →
Category Board of Directors, Community Manager, HOA News, Learning Tools, Q & A · Tagged with Amber Property Management, animals, common area, confiscated, dogs, droppings, Homeowner Association, manager, Orange County Property Management, poll, Property Manager, Responsibility
Posted by AmberPM on June 16, 2011 · Leave a Comment
Association directors have many responsibilities. These include adopting a budget, authorizing year-end disclosures, pursuing delinquent assessments, conducting proper elections and enforcing the governing documents, especially the CC&Rs (“CC&Rs”) and Operating Rules. The majority of homeowner association residents – owners and tenants alike – follow the CC&Rs. Usually, most of those who don’t are unaware of … Continue reading →
Category Board of Directors, CC&R Enforcement, Community Manager, Rules · Tagged with Amber Property Management, assume precedent, board of directors, CC&R's, Civil Code, dispute, Don'ts, Homeowner Association, irrelevant, judges, Orange County Property Management, Property Management, Responsibility, violations
Posted by AmberPM on June 15, 2011 · Leave a Comment
The life threatening consequnces of excesive carbon monoxide exposure has been widely documented and a nuber of detection devises have flooded the market in the past decade. Although the popularity of carbon monoxide sensors is growing, it has been estimated that less than 20% of homes in the U.S. are are equipted with the proper sensors. Ironicaly, most homes … Continue reading →
Category Board of Directors, Community Manager, Homeowners, Learning Tools, Maintenance, Q & A · Tagged with Amber Property Management, Carbon Monoxide, CO, deficiencies, exposure, Homeowner Association, Orange County Property Management, Property Management, Responsibility, sensor, smoke detector, toxic gasses, vent pipes, ventalation, venting