Community Update – August 2018

Community Update – August 2018

With back-to-school season in full swing we don’t want you to miss out on your share of continuing education – certainly not when it comes to the board member or management responsibilities you have for your community. After all, why should the kids have all the fun? In this issue, we aim to provide you the schooling you need to keep things running smoothly – no apples necessary.

Our featured article, Do My HOA’s Rules Have to be Recorded?, gives you the answer you may not be aware of in light of a new law that went into effect on July 1, 2018.

Is it Time to Amend Your Condominium Declaration? discusses whether you should and just how to revise your covenants both to keep up with changes in the statutes governing the community and also with changes in a community’s needs.

For those Associations contemplating significant improvement and/or construction work, Is a Bid Required? helps to answer the question that Boards and members have whenever Association funds are going to be spent for maintenance and renovation projects.

Weathering the Storm of Unexpected Community Association Financial Needs discusses the importance of understanding an Association’s finances and how best to plan for the proverbial rainy day – when your association needs to draw on funds for unanticipated expenses.

We also discuss the on-going importance of and myriad reasons for ongoing association maintenance in Maintaining Now to Prevent Future Liability.

View the August 2018 Community Update here