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Condo Association or HOA Collection Policies for Fees and Assessments – Article by CondoAssociation.com

Posted by AmberPM on April 20, 2011 · Leave a Comment

Assessments are the life-blood of condo associations and HOAs. Yet only in a very fortunate few condo associations can collection of assessments be left to a laissez faire process. Most condo associations need to have a cohesive and consistent collection process to thrive and not merely survive. This article deals not only with the process … Continue reading →

Category Board of Directors, Civil Code, Collections, Financials, Learning Tools · Tagged with Amber Property Management, assessment collection, assessments, Association, Bylaws, Civil Code, condominium lien, foreclosure, grace period, Homeowner Association, Judgments, judicial foreclosure, Lien, Notice of Intent to Lien, Orange County Property Management, Redemption Period

Understanding Financial Statements: The Balance Sheet – Article by Neighborhoodlink.com

Posted by AmberPM on April 11, 2011 · Leave a Comment

Article found on Neighborhoodlink.com When you receive a set of financial statements, are you able to look at them and gain an understanding of the association’s financial position? Or do you, like many people, only look at a few important figures, such as what the association has in cash, investments and replacement reserves, or if … Continue reading →

Category Board of Directors, Financials, Learning Tools, Q & A · Tagged with Amber Property Management, assets, balance sheet, debt, Financials, information, Liability, Orange County Property Management, ratio, read, Statements, Understanding

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CAI
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YOUR CLAC UPDATE
- CAI-CLAC 2018 Legislative Day at the Capitol Recap May 5, 2018
  By Martha Fogg, recipient of the 2018 Duncan McPherson Scholarship Award I attended the CAI/CLAC Legislative Day in Sacramento over the weekend. The experience, education and information was invaluable. Sessions began on Sunday through part of Monday. There are more than 33,000 CAI members and over 60 chapters worldwide. CAI tracks Federal and State legislat […]
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- How Do We Get Our Boards to Participate in Buck-A-Door? July 10, 2017
  If you’re like me, when it comes to budget planning time there is usually one main direction from the Board, “Do not raise assessments but if you have to, keep it as minimal as possible.” Also, like me, you know this is almost an impossible task when dealing with inflation, rising utilities rates, minimum wage […]
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HOA LAW
- Creating Committees March 23, 2022
  Does your board table decisions because you can’t get through all of the discussion? Is there a big project that your association needs to complete, but the minutia of it is overwhelming the board? Don’t let the added work hold you back. Recruit volunteers from the membership to assist the board through the creation of […]
  Stephen T. Brindle
- Your Association Received a Preliminary Lien Notice. Now What? February 22, 2022
  Under California law, most licensed contractors or suppliers that provide labor, services, equipment, or materials on projects involving the common area of a community association are entitled to record a mechanic’s lien or issue a stop payment notice if they are not paid for their work or materials. Associations involved in such projects often receive […] […]
  Stephen T. Brindle
HOA LAW
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HOA LAW
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HOA INSURANCE
- Water Damage Prevention
  Water damage claims can be very expensive to deal with, cause untold frustrations and have the potential for a living nightmare within your HOA complex. While you cannot prevent every possible situation where water can cause damage; here's a list of simple steps every association can take to reduce/eliminate many causes of water damage issues.Washing ma […]
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- General Liability Coverage-How Much is Enough?
  All master association policies should have general liability coverage to protect the association from situations where is may have liability to injuries or property damage: a guest sustains an injury falling on a slippery driveway; someone is injured on the playground equipment; someone drowns in the pool; the possibilities are endless.Most standard policie […]
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Condo Association or HOA Collection Policies for Fees and Assessments – Article by CondoAssociation.com

Understanding Financial Statements: The Balance Sheet – Article by Neighborhoodlink.com

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