By  Sherri Hall Oftentimes, associations find themselves faced with the task of imposing a special assessment to take care of an emergency item that wasn’t budgeted for in the reserve fund. But what if the reserve fund did have enough to cover the cost … [Read More...] about Excess Reserves – Is it Possible to Have Too Much? Amenity Closures and Project Delays Due to Coronavirus Could Put Some Associations in This Situation

By Alyssa Gautieri As a property manager, you notice that the balconies in a few of your units are beginning to show signs of water damage. Meanwhile the stucco is beginning to crack along the exterior of a few different units. Neither problem seems to be … [Read More...] about Understanding Construction Defects Related to 
Stucco, EIFS, and Brick

By Alyssa Gautieri In a 200-unit association, several unit owners have failed to pay their assessment fees within the last few months. What are some actions that associations can take in order to collect the debts? … [Read More...] about Best Practices for Collecting 
Delinquencies from Unit Owners — 
and the Effect of the Unprecedented Times on the 
Payment of Common Charges and Assessments

By Sherri Hall Here’s a familiar scenario, not new by any means, but none the less an issue managers deal with frequently. The association you’ve been the manager for during past two years has had the same landscaping company since you came on board. The … [Read More...] about How, When and Why a Manager Should Recommend a New Vendor