HOA fees jumped 32.4% between 2005 and 2015, outpacing growth in home values, which increased 15.1% for the same period, according to a Trulia report. Several cities experienced large increases, including Miami and Baltimore, which saw 52.8% and 68.4% hikes, respectively.
State lawmakers in Colorado have scrambled to resurrect provisions in two failed bills that aimed to promote condo projects while preserving the interests of HOAs. They introduced a compromise bill last week that would require a majority of HOA members to approve legal action for defective construction.
City leaders in Duluth, Minn., said they plan to make changes to a city code that would ban vacation rental permits for condos inside a secured building without 24-hour oversight. Owners in HOA-governed buildings would have to follow the covenant rules regarding vacation rentals.
Former FBI agent LaRae Quy shares what she considers the 10 essential skills of mentally tough leaders, including the ability to adapt to new situations, emotional competence, self-awareness and not being afraid to fail sometimes.
Incorporating humor in the right way can elevate a presentation and help engage the audience, writes Michael Grothaus. He cites research and offers six tips to be more funny, including not trying to be a comedian, practicing jokes beforehand, watching your timing and acknowledging the audience immediately.
March Madness may hurt or help office productivity according to two recent studies. A study by an outplacement firm estimated that the basketball series will cause employers to lose $4 billion in productivity, but another survey found that tournament office pools helped people enjoy coming to work.
Insights from Thought Leaders in Community Association Management
"We aim to hire CMCA-credentialed managers because earning this credential is one of the strongest indicators that someone is knowledgeable about this industry both in how they should and shouldn't advise board members. In addition, the ethical requirement of holding the CMCA is huge. It reflects a greater recognition about what the requirements are in the industry and what it means to be a professional." -- Rob Felix, Regional Vice President-West, Associa, on the importance of earning the CMCA credential.
I have accepted fear as a part of life, specifically the fear of change, the fear of the unknown. I have gone ahead despite the pounding in the heart that says: Turn back.
The Community Association Managers International Certification Board (CAMICB) is a
17-year old independent board that sets the standards for community association
managers worldwide. CAMICB (formerly NBC-CAM) administers the Certified Manager
of Community Associations® (CMCA) examination, a rigorous, three-hour test that
measures managers' knowledge of community management best practices. Passing the
CMCA examination and maintaining the standards of the CMCA certification is proof
that a manager is knowledgeable, ethical and professional. CMCA-certified managers
have the skills to safeguard the assets of homeowners' associations, giving
homeowners peace of mind and protecting home values.
The CMCA credential is accredited by the National Commission for Certifying
Agencies (NCCA) which means it complies with NCCA’s stringent international
standards for a professional certification program. NCCA accreditation provides
independent validation that the CMCA program meets or exceeds twenty-one standards
concerning various aspects of the certification program including its purpose,
structure, governance, psychometric foundation, policies and procedures.
Accreditation validates the integrity of the CMCA program and is a mark of quality.
For more information, go to
Community Association Managers International Certification Board (CAMICB)
6402 Arlington Boulevard, Suite 510
Falls Church, Virginia 22042
Phone: 866.779.CMCA (2622)
Fax: 800.845.4394 email@example.com www.camicb.org