proper budgeting | Amber Property Management

Downloadable Learning Tools
HOA Condo Association Board Ethics
Community Association Living 101
Board Meetings 101
Operating Cost "Budget" Manual
Financials 101
Strategic Planning 101
Governance Guidelines
HOA Condo Association Rights and Responsibilities
Popular Reserve Study Q & A
Reserve Studies/Management
Condo Assoication Fundamentals
2011 Davis Stirling Common Interest Development Act
The Boards Dilemma - How can Community Associations avoid a funding crisis?
Did you blow the statute of limitations? - The Effect of Title 7 on a Community Association's Right to Sue for Construction Defects
Condominium Concersions: Owner Equity at Risk? - The serious problems that occur when we create condominiums from old apartments
The uncertain future of community associations - Thoughts on financial reform
Fire Sprinkler Retro Fit Guide
Title 24 Guide
Industry Links
- Community Management Association Insider
- CAI California Legislative Action Committee
- Marshal & Swift
- Davis Stirling – Statutes | Case Law | Legislation
- California Legislative Information
- California Contractors State Licensing Board
- RealtyTimes – Articles by Richard Thompson
- Community Associations Network
- Association Vendor Solutions
- Do it yourself Reserve Study
- CACM
- The Official Robert's Rules of Order
- Executive Council of Homeowners
- Condo Management Magazine
- Community Association Institute (CAI)

The importance of having assessments – Article by By Doug Ward, CCAM, CMCA, AMS of Amber Property Management

Posted by AmberPM on May 13, 2011 · Leave a Comment

Assessments are a necessity for common interest developments to conduct business. Simply put, without the assessments, the community cannot operate. Assessments, commonly improperly referred to as dues, are generally collected on a monthly basis by either a monthly billing reminder or a coupon book provided by the community’s management company. These amounts vary from community … Continue reading →

Filed under Board of Directors, Learning Tools, Maintenance, Q & A · Tagged with Amber Property Management, assess, billing, budgeting, business, common interest, condominiums, department of real estate, fiscal responsibility, maintain reserves, operating expenses, Orange County Property Management, planned unit development, proper budgeting, Property Management, reserve, Reserve Study, special assessment

Search for an article

Search for:
CAI
- An error has occurred; the feed is probably down. Try again later.
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 […]
  caiclac
- 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 […]
  caiclac
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
- An error has occurred; the feed is probably down. Try again later.
HOA LAW
- An error has occurred; the feed is probably down. Try again later.
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 […]
  HOA Guy
- 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 […]
  HOA Guy
TODAY IN HOA NEWS
- An error has occurred; the feed is probably down. Try again later.

Amber Property Management

Downloadable Learning Tools

Industry Links

The importance of having assessments – Article by By Doug Ward, CCAM, CMCA, AMS of Amber Property Management

Search for an article

CAI

YOUR CLAC UPDATE

HOA LAW

HOA LAW

HOA LAW

HOA INSURANCE

TODAY IN HOA NEWS

Email Subscription

Blog Stats

Posts

Contact Us