Owner Best Practices

  • Read your master deed and rules an regulation documents

  • Attend all condominium board meeting open to the public

  • Get to know your board members and condo manager and employess if you have them

  • allways conduct yourself in a professinal manner during board meeting and when conversation with board members, mangers and employees

  • find out how much training and experience they have in managing a condominium community Suggest that they aquent themselves will all federal, state and local laws pertaining to condomiums. They actions can and will impact you fancially

  • Get access and review to your community's financial records and have them reviewed someone with the approiate knowlegge of accountin methods

  • If not in your Master deed push for independ audits of your financial procedures and records

  • Learn you rights to Finacial records, Open Meetings, and ADR Alternative Despute Resolution by reveiwing your states laws that govern conodomiun communities

  • Remain current in your condominium fees and changes non payment can result in forclosure on your unit

  • Attend online or in person formal training provide by the Community Associations Institute or other profressinally recognized organizatons that trains community managers and homeowners. Purchase their books and training materials, and utilized there free online materials

  • Watch You tube Videos, search for online resources

  • Read books, and subscrible to magazines provided by associaton trainng organizations

  • Some professinals that servie the association communiits provide monthy or weekly free telecons on the various issures pertains to associations issures

  • Help and contribute to the professional operater of your condominun community

Disclaimer:

Although the information provided by Cond Wise Workshop is the result of input by both professional and expert real estate participants and owners of condominiums, The content provided is for general informational purposes only. It is by no means intended to imply an individual client business relationship with the reader/user in any shape or form.

The content and information provided should not be considered specific to your particular real estate needs, problems, or concerns, and is not to be used as substitute for competent consultation from a professional occupation that services the real estate industry.

It is highly recommended that the reader/user seek out professional real estate advice and consultation from certified real estate agents and brokers, licensed attorneys and professional accounts and other certified professional related to the real estate industry for all of their individual real estate transactions and activities

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