Natural disasters come in many shapes and sizes. It could be a tornado, a flood, Superstorm Sandy, or a wildfire. Regardless of the type of disaster, the devastation and loss is often overwhelming. Nothing can fully prepare someone to handle the emotional impact of a natural disaster. However, with some thought and planning before...
It’s called “sleep insurance” for a reason.
Directors and officers (D&O) liability insurance helps community association board members sleep well at night without worrying that their personal assets are at risk because of a decision or action – or inaction – they make on behalf of the association.
You’ve often heard us talk about the three facets of a community:
But there are also three modes of governance for your association board. Governance as Leadership; (Chait, Ryan & Taylor, 2005).
In this week’s column, and next week, I address some of the most common mistakes made by homeowners’ association boards of directors.
1. Failing to enforce covenants, rules and regulations consistently and uniformly, or engaging in “selective enforcement.”
The HOA board really has only two functions: to maintain the common areas and elements in the community, and to enforce the covenants and rules of the HOA.