With all the new laws, especially for buildings three stories in height or higher, along with reserve funding requirements, condominium living has just gotten a lot more expensive. With only one steady source of income, namely the assessments paid on a monthly or quarterly basis from unit owners, sometimes those funds are just not enough […]
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“Protecting The Financial Well-Being Of Your Association” – Florida Community Association Journal
The financial well-being of any association is based on the proper adoption and collection of assessments. Assessments are the lifeblood of the community and how an association pays for the maintenance and upkeep of the community. Without proper adoption and collection of assessments, communities can fall into disarray and struggle to provide services to their […]
Read More“Submitting an SBA Loan Application” – Florida Community Association Journal
In recent years, when the federal government has offered assistance to Florida community associations, it has primarily done so through the availability of U.S. Small Business Administration (SBA) loans. In response to natural disasters such as Hurricane Ian (2022), SBA loans have been made available to repair and replace disaster-damaged property (physical disaster loans) as […]
Read More“Managing Your Personnel: Five Lessons That You Don’t Want to Learn the Hard Way” – Florida Community Association Journal
Shareholder, Jamie Dokovna writes about the challenges that ensue when managing personnel by highlighting five important lessons: Lesson One – Hire the right people Lesson Two – Have policies and enforce them Lesson Three – Be flexible when necessary Lesson Four – The tools you have aren’t any good if you don’t use them Lesson […]
Read More“Best Practices and Tips for Returning Residents” – FLCAJ
Welcome back, snowbirds! We hope that you have enjoyed your time up north and are now ready to get settled back in your residence here in Florida. To assist in your return to the Sunshine State, below are some suggested tips and best practices to get you ready for your time down here, NOTIFICATIONS Before […]
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