Meeting minutes have an image problem, and it’s time to fix it. If you’ve ever groaned at the thought of writing them — or worse, finding them — you’re not alone. But better meeting minutes aren’t just nice to have; they’re essential. They help boards stay...
Finding the right board directors is a cornerstone of effective governance for not-for-profit organizations. However, the process can often be challenging due to various factors, including a lack of interest, diversity, or specific skills. This blog post explores...
Planning and oversight key to positive outcomes for condo projects. Given how much corporations are likely to invest in renovation projects, it’s important to set them up for success. Here’s advice to help directors do just that. The reserve fund study Before even...
What are the best condo managers really like (hint: They're World-Class)? I need to know because I only want World-Class Condo Managers (WCCM) to manage my condo. After working with many managers over the past ten years, I know first-hand that WCMs make my job as a...
Making decisions as a condo director is part of the job. Financial decisions, especially those involving special assessments or fee increases, are tough. Making tough decisions about money will never be easy, but making the right tough decisions gets easier if...
Finance and condos is a top-of-mind topic for every condo. Keeping track of the condo's money is hard to manage without good policies and procedures. This blog fills the gap on establishing good financial practices for the board of directors. Conduct a Monthly...
Congratulations on getting elected to the condo board! Now the fun begins. For first-time directors, there is an overwhelming amount of new information to digest. While it may seem like everything has to be learned at once, it may be more realistic to take a gradual...
In a previous post, I provided a checklist of the best practices that successful boards can use. Successful boards are made up of successful directors. What makes a successful condo board director? Here are five characteristics I’ve noticed that are common to the...
Policies may not seem like an exciting topic, but they are crucial to the success of any condo or homeowners association (HOA) board. It is essential to have policies in these areas: Governance Financial Communications Records Management The last policy - records...
What makes a condo board successful? I've been in the thick of things as President of my condo board, and I've spoken to people involved with dozens of other condo boards. From that experience, I've compiled the ultimate checklist of best practices for condo boards to...