HOAleader.com - Tip of the Week - January 25, 2019
Published: Fri, 01/25/19
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Why You Should Wear Only One Condo/HOA Board Officer's Hat
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In this week's tip, we offer a suggestion to limit your risk as an officer of
your association: Don't take on too much.
The issue arises because word has reached us that in a Florida condo, no
owners stepped up to be a condo's treasurer. So the president accepted the
role, tacking them onto his current presidential duties.
That raises an interesting question: Can board members serve more than one
officer position? If so, how can you avoid it since it's both stressful and riskier
to you personally?
One of our experts can't seem to get himself too worked up over this scenario.
"We don't see this a lot, but when we do, it kind of is what it is," says Bill
Worrall, vice president of FirstService Residential in Hollywood,
Fla., which manages 1,300 condominium and homeowner associations
totaling 310,000 residential units.
"You have to have people run for the board and volunteer on the board, and if
you have vacancies, you have to have people who are willing to be nominated to
the board and serve," he explains. "If you don't have that, you have two
options. One is a horrible option, and that's having a receiver appointed to
run the association. The other option is that is whoever is left on the board
needs to carry the weight for the community."
James P. Arrigo, an attorney at Rathje & Woodward in Wheaton, Ill., who has
counseled and represented HOA and condominium associations ranging from 6
to 1,600 units for more than 14 years, also doesn't love this scenario but
says there are degrees of how bad it truly is.
Find out why, and find out how you can avoid taking on too much personal risk,
in our new article: https://www.hoaleader.com/members/3851.cfm
Best regards,
Matt Humphrey
President
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Recent articles posted at HOAleader.com:
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When You Can Serve In More Than One Condo/HOA Officer Position--And Why You
Should Avoid It
Word has reached us that in a Florida condo, no owners stepped up to be a
condo's treasurer. So the president accepted the role, tacking them onto
his current presidential duties.
Click here to read full article:
https://www.hoaleader.com/members/When-You-Can-Serve-In-More-Than-One-CondoHOA-Officer-PositionAnd-Why-You-Should-Avoid-It.cfm
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One Condo/HOA Board Blunders, Another May Be About to Compound Those Errors
In this week's tip, we lend a hand to an HOAleader.com member who wants to know
if a board is acting properly. The short story is that there was weather
damage to two units in an association, and the board at the time waived
assessments for those owners for the eight months the units were
uninhabitable.
Click here to read full article:
https://www.hoaleader.com/public/One-CondoHOA-Board-Blunders-Another-May-Be-About-Compound-Those-Errors.cfm
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How Many Bad Decisions Can One Condo Board Make? Our Experts Count 4
An HOAleader.com reader asks, In 2017, our association was hit by a severe
wind storm. Two units were declared uninhabitable by the fire chief, code
enforcement, etc. Two units' walls were blown away, and the roofs were
crushed in by a large tree.
Click here to read full article:
https://www.hoaleader.com/members/How-Many-Bad-Decisions-Can-One-Condo-Board-Make-Our-Experts-Count-4.cfm
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4 Ideas That Could Reduce Your Condo/HOA's Fine Frustration
We offer some potential stress relief in this week's tip. The one sure way to
make your owners angry--which in turn inevitably makes them more
unpleasant to you and their neighbors, which then makes your life more
stressful--is to impose fine after fine on them. It's a no-win cycle that
takes a lot of your time and makes your job as a board member all the more
thankless.
Click here to read full article:
https://www.hoaleader.com/public/4-Ideas-That-Could-Reduce-Your-CondoHOAs-Fine-Frustration.cfm
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4 Steps to Reducing the Number of Fines You Impose in 2019
The one sure way to make your owners angry--which in turn inevitably makes
them more unpleasant to you and their neighbors, which then makes your life
more stressful--is to impose fine after fine on them. It's a no-win cycle
that takes a lot of your time and makes your job as a board member all the more
thankless.
Click here to read full article:
https://www.hoaleader.com/members/4-Steps-Reducing-Number-Fines-You-Impose-in-2019.cfm
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