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Financial Mgmt of Community Associations | Assessments & Bankruptcy

Financial Mgmt of Community Associations | Assessments & Bankruptcy

HOA | Condo Board Responsibilities and Education, HOA | Condo Financial

Part 3 : Bankruptcy Actions

Part 1 | Part 2 | Part 3

Be Prepared for Bankruptcy Petitions by Owners

A community association should have procedures in place to protect its interests in the event a delinquent owner declares bankruptcy.  When an owner files a petition for relief from bankruptcy, this action affects:

By Mary Arnold, CMCA®, AMS® on Jun 25, 2019 8:36:00 AM
   
Financial Mgmt of Community Associations | Assessments & Bankruptcy

Part 3 : Bankruptcy Actions

Part 1 | Part 2 | Part 3

Be Prepared for Bankruptcy Petitions by Owners

A community association...

By Mary Arnold, CMCA®, AMS® on Jun 25, 2019 8:36:00 AM
Community Association Financial Management | Assessment Collections

Part 2 : Collections and Remedies for Assessments

Part 1 | Part 2 | Part 3

COLLECTION PROCEDURES AND REMEDIES

Enforcement of...

By Mary Arnold, CMCA®, AMS® on Jun 18, 2019 8:15:00 AM
Financial Management of Community Associations | Assessments

Part 1: Assessments Defined

Part 1 | Part 2 | Part 3

What is an AssessmentAn assessment (sometimes referred to as a...

By Mary Arnold, CMCA®, AMS® on Jun 11, 2019 8:42:00 AM
A Closer Look at Conveyance Fees: Are They Really Out of Control?

Conveyance fees are a part of doing business. When it comes to transferring HOA fees, the amount charged can vary depending...

By Holly Bunch on Jun 4, 2019 8:02:00 AM
Financial Mgmt of Associations | Budgets & Replacement Reserves Pt 4

Part 4 : Reserve Account/Reserve Funds

Part 1 | Part 2 | Part 3 | Part 4

The reserve account consists of funds put aside in...

By Mary Arnold, CMCA®, AMS® on May 28, 2019 8:06:00 AM
Financial Mgmt of Associations | Budgets & Replacement Reserves Part 3

Part 3 : Budgetary Roles and Responsibilities & Budget Presentation

Part 1 | Part 2 | Part 3 | Part 4

The roles and...

By Mary Arnold, CMCA®, AMS® on May 21, 2019 8:12:00 AM
Financial Management of Community Associations | Budgets and Replacement Reserves Part 2

Part 2 : Budget Preparation

Part 1 | Part 2 | Part 3 | Part 4

A budget usually applies to a 12-month period (Jan 1 to Dec 31,...

By Mary Arnold, CMCA®, AMS® on May 14, 2019 10:16:00 AM
Financial Management of Associations | Budgets & Replacement Reserves

Part 1 : Introduction to The Budget

Part 1 | Part 2 | Part 3 | Part 4

What is a Budget?   A budget is an annual financial plan...

By Mary Arnold, CMCA®, AMS® on May 7, 2019 9:23:00 AM
Why Does Your HOA Board Need to Maintain Reserve Funds?

HOAs experience unexpected expenses from time to time just as all homeowners do. To have money on hand for rainy day expenses...

By Amanda Causey on Mar 19, 2019 8:08:00 AM