Do you have that one monthly association board meeting that is the most dreaded of all meetings in your portfolio? Does it last three, four or five hours? Yes, I said five hours. Why?
Association Budgets Beware – New Federal Overtime Rules Are Coming
This past spring, the Obama administration announced new rules which go into effect on December 1st regarding overtime pay for certain employees. I interviewed Heather Paton, CMCA, AMS, PCAM, Executive Director of Seabrook Island POA on Johns Island, South Carolina, who pointed out that many associations will need to be aware of the new rules in creating their budgets for 2017 and beyond..
Preparing a Community’s Grounds for Winter: What Associations Can Do Now
While it’s true that harsh winter weather, snow plows and ice melting chemicals can cause destruction to a community’s grounds, there are a number of steps associations can take to minimize the damage to their properties.
Association Fees on Owners’ Credit Reports? Benefits and Pitfalls of New Credit Reporting Capabilities
Late payers beware. Community associations now have the ability to report delinquent assessment fees to Equifax, thanks to a recent agreement the major credit bureau entered into earlier this year with Sperlonga Data & Analytics.
Regulating Holiday Decorations Within Associations
As Halloween approaches, followed by the winter holidays shortly thereafter, associations should ensure that policies regarding holiday decorations are in place for residents to follow. Such rules must be reasonable, and more importantly, legal.