As North America's property management leader, FirstService Residential wants to provide you with updated communication strategies for board and community alignment. Download our guide learn more.
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Board Member Education
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Whether you have been newly elected to your Board or you have been a Board member for several years, you owe it to your residents to make sure that you are managed by the best association management company. Every condominium association differs in their needs, so you must take the proper time and ask the right questions when hiring an association management company.
How well do homeowners in your HOA understand maintenance responsibilities? You might think that responsibilities for maintenance, repairs and replacements would be straightforward enough – what’s inside the condo unit is the homeowner’s, and what’s outside is the HOA’s.
Safeguarding an association’s operating and reserve funds is one of the main fiduciary duties of all board members, not just the treasurer. This means that boards must protect the financial interests of the homeowner association and its members by making sure all funds are properly managed, invested and protected.
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