HOA Reserves and Other Funding Options: How to Be a Smart HOA Money Manager
An Exclusive HOAleader.com
Webinar
With Practical Tips for Condo and HOA Boards
Thursday, September 29, 2016—Next Week!
2-3 p.m. Eastern
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Money is one of the most contentious issues you'll manage at your HOA. There's always an owner—or many—who'll challenge your financial decisions. Whether it's how much money to collect from owners in dues, how much money to spend on maintenance and repairs, or how much money to set aside in your reserves for the inevitable
rainy day that so few owners want to fully fund, you're actions will be put under a microscope.
Have no fear! The more you know about how to fund your operations, the more confident you'll feel responding to owners who question your financial wisdom. Build that knowledge by joining a one-hour webinar on September 29 led by two community association experts. They'll explain what you need to know about HOA
reserves and other funding mechanisms. They'll also reveal the smartest moves you can make to ensure your HOA can pay for needed maintenance and repair projects, and even community upgrades.
You'll learn: - The role of reserves at an HOA, including what you can and should use them to fund and what would be inappropriate to fund through reserves
- How state laws differ in requirements for reserves, ranging from states that don't have any laws specifically governing HOA reserves to those that require associations to maintain certain reserve levels—and states in between that permit HOAs to not fund reserves if owners approve such a move
- What you should know about reserve and money management to ensure you meet your fiduciary duties
- When and how to conduct a reserve study
- The pros and cons of underfunding reserves
- Alternatives to using reserves to funding HOA work, including increased assessments, one-time special assessments, and loans
- The most common mistakes boards make when
funding HOA projects, whether through reserves or another funding method
- And much more!
After just one hour, you'll know the HOA industry's best practices when it comes to money
matters at your HOA. Register now for this informative event for community association board members. |
| Robert E. Kmiecik
is a partner at Kaman & Cusimano where he represents community associations throughout Ohio. Kmiecik heads his firm's litigation department, representing associations in a variety of litigation, including construction defect, contractor disputes, covenant and rule enforcement, fair housing and civil rights, board election contests, and developer transition matters. Kmiecik served as an assistant prosecuting attorney and an assistant director of law for the City of Cleveland and then worked
for several years in private practice before specializing in community association work. Kmiecik's civil and criminal litigation background has provided him with valuable experience in representing community associations and managing their litigation. Kmiecik currently lives in a homeowner association.
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| Debra A. Warren
PCAM, CCAM, is a vice president of education at Associa®. She has more than 25 years of experience in community association management and was founder and principal of a successful consulting practice after 15 years as president and CEO of a management firm in Northern California, which she sold in 2005. Warren has also been actively involved in the education of community management professionals and volunteer board members across the country. She has 18 years of experience as an educator and in
2010 was named by the Community Associations Institute as educator of the year. |
A webinar is remarkably cost-effective and convenient. You participate from your home or office, using a regular telephone and a computer with an Internet connection. You have no travel costs, hassle, or commute time.
Plus, for one low price, you can get as many people on your condo or HOA board to participate as you can fit around a speakerphone and a computer screen. And now, with our special group membership offer, your entire board can attend-even from different locations. This offer requires an HOAleader.com Group
Membership. When any group member orders, we will set up access for the entire group. Up to 10 users can attend for one low price. It's another incredible deal as part of HOAleader.com Group
Membership.
Because the conference is live, you can ask the speakers questions and get immediate answers.
You will
receive access instructions via e-mail several days before the event. You don't need any additional materials before the webinar starts. Your conference materials will be available for you to view, print, and download when you log in to participate in the event.
If you are not completely satisfied after attending an HOAleader.com event, let us know within 30 days, and we will refund 100% of your registration fee ... no questions asked. |
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