Bankruptcy Basics

Because of the impact on homeowner associations and condominium association’s collection efforts, and the unpleasant nature of bankruptcy, there are many questions surrounding the topic. Below are some of the questions we consistently receive from boards of directors on the topic of bankruptcy.   What is bankruptcy?   Bankruptcy is a federal system of statutes…

How Many Community Associations Are There?

The Community Associations Institute (CAI), our national trade group organization, each year publishes a report about homeowner associations and condominium associations statistics. The report includes information about the number of community associations in the United States, along with particular association data. For example, estimated combined budgets of these associations and other interesting data can be…

Conflict Resolution

It is generally safe to say differences of opinion or conflicts are a normal part of being on a board of directors and all homeowner associations. It is unrealistic to expect board members to be in agreement on all matters that confront a board, or that the membership would agree with every board action taken.…

The Association Budget

You will be receiving your association’s Budget Worksheets from our Accounting Department in the coming weeks. Because of the many issues that revolve around budgets and year end reporting requirements, it greatly helps our Accounting Department to have approved budgets in as soon as possible. Your Association Manager will be assisting your Board with this…

The Efficient BOD Meeting

Board of Director’s Meetings can be a very powerful way to communicate and resolve issues. A homeowner association’s Board of Directors is confronted with an array of issues that must be resolved in a timely manner. Thus a Board is charged with what can be the problematical task of obtaining a majority consensus from the…

What The Membership Is Saying

As a board member, and sometimes in our role as the managing agent, we may get the impression that a disproportionate number of the membership are unhappy with a multitude of homeowner association issues.  In response, we may have a tendency to get tunnel vision because it is sometimes human nature for people to complain…

Association Bank Lockbox   

The bank lockbox allows William Douglas to streamline the homeowner dues payment process.  With the bank lockbox, when an homeowner association member writes a check and mails their payment in, their check goes directly to the bank and bypasses our offices.  The lockbox receives and deposits those payments at least one day earlier, and makes…

Fallen Trees

High winds and rain many times trigger tree limbs and entire trees to fall.  Who is responsible for a fallen tree that causes damage may surprise some people and laws can vary from state to state.  But, generally speaking, if the tree is a healthy tree and was damaged by an “act of God” then…