When we think of risk management, we often think in terms of the financial impact a given risk would have on our property, our business, or organization. Taking active steps to identify, evaluate, and control those risks is important to the overall financial health...
Condo associations are a lot like any other government or business organization. They must adhere to rules and regulations, abide by state law, ensure a habitable and sustainable future for its residents, and so much more. For board members responsible for managing...
In the previous two blogs in this series, we covered the escalating procedure of dispute resolution. Beginning with mediation we then tackled arbitration and in this final blog we will look at the process of litigation. The most common types of litigation can be...
In our previous blog, we discussed the preferred method of dispute resolution: mediation. But what do you do when mediation doesn’t work, it is refused, or it is not an option? The short answer is arbitration. Let’s take a closer look. In arbitration a third party,...
Dispute happens. Whether it’s a consistent violation of rules and regulations or something more serious like delinquency or bad debt, both the owners and the association need to be protected. And, for the sake of the whole community, disputes need to be resolved in a...
In our previous blog post, we tackled some of the common procedures for elections in a condo association. Some of these regulatory provisions will still apply to elections in an HOA, while most do not. Interestingly, the election process is very different for condo...
