7 Habits of Effective Board of Directors

December 24, 2009

The great American economist John Kenneth Galbraith, once wrote: “Meetings are indispensable when you don’t want to do anything.” Unfortunately, in many cases, he is right. Effective board of directors share the following habits and they get things done for their associations. Does your board share these habits as well?

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I Hate the “R” Word and So Will You!

December 24, 2009

We hear the dreaded “R” word more and more these days as associations are having trouble attracting owners to serve on their condominium boards. Just what does the “R” word stand for? It stands for Receivership and there are some good reasons why you don’t want this to happen to your association.

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Helpful Procedures When Amending Community Association Documents

December 17, 2009

Out of necessity, due to the current financial mess, more and more associations are realizing that their documents are inadequate and that they require changes in order to combat successfully the new challenges facing community associations today.

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Top 10 Signs Your Community Association is in Financial Trouble

December 17, 2009

Today, now more than ever, community associations are under financial stresses that do not seem to be getting any better. Some associations have been proactive and some have ignored the reality of their situation. The following are the top 10 signs that your association is in financial trouble and needs to take action immediately to avert disaster.

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We All Have a Different Point of View

December 17, 2009

A condominium association president, the association’s property manager and the association’s attorney were playing golf together one day and were waiting for a particularly slow group ahead. The condominium president exclaimed, “What’s with these people? We’ve been waiting over half an hour! It’s outrageous.”

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