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November 20, 2012
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News for community association managers

  In the News 
  • HOAs were dealt a rough hand during economic downturn
    Many condo owners who fell behind on their mortgage during the economic downturn subsequently stopped paying their HOA fees, causing myriad problems for the organizations. As Fannie Mae tried to clean up the foreclosure mess, it put tighter restrictions on HOAs, such as mandatory monthly deposits into association reserve budgets, and its stringent lending guidelines made it harder to sell foreclosed or empty properties, Anne Schwall writes. American City Business Journals/Atlanta/Real Talk blog (11/13) Email this Story
  • Lawsuit targets 27 Arizona HOAs for debt-collection activities
    A lawsuit has been filed against 27 Arizona homeowners associations, alleging improper debt-collection practices after a homeowner who owed $150 in back payments was charged $1,300 by the company that managed his neighborhood. The company also placed a lien on the home. "This is our home. This is where we want to raise our children. I don't want to lose it," said the homeowner, Robert Leatham. KTVK-TV (Phoenix) (11/16) Email this Story
  • Calif. county sets rules for Lake Tulloch vacation rentals
    Officials in California's Calaveras County have passed rules regarding rental homes in Lake Tulloch that will require homeowners to purchase a renters permit and pay annual fees to capitalize on the demand for summer-vacation rentals. "The unregulated and illegal summer rental business has become a big problem," said Jack Cox, former president of Copper Cove at Lake Tulloch Owners Association. "I bought my house with my eyes wide open, but I didn't buy it so that someone could open up a business next door." Calaveras Enterprise (San Andreas, Calif.) (11/16) Email this Story
  Leadership Strategies and Organizational Management 
  • Become a better leader by breaking through the myths
    There are many myths related to leadership positions: Leaders are born, not made; they are so busy they must always multitask; they must be fearless. Being constrained by these myths can actually inhibit growth, writes Brian Evje, who suggests becoming a better leader by challenging assumptions and asking the right questions about your leadership style. Inc. online (free registration) (11/14) Email this Story
  • Other News
  Doing Good in the Community 
  • HOA donates to group fighting to save bighorn sheep
    The Mirada Custom Lot Association in Rancho Mirage, Calif., wrote a check to The Bighorn Institute, which seeks to save the bighorn sheep from extinction. "Many years ago, [the sheep] used to wander up and down our streets, just absolutely wild and beautiful. They're just a gorgeous animal and we want to make sure they proliferate," says Andy Gladstein, the HOA's president. "We're just thrilled we could give them over $273,000 to help them and help the bighorn sheep and keep their habitat protected." KESQ-TV (Palm Desert, Calif.) (11/14) Email this Story
  Ethics and Professional Conduct 
  • Petraeus, Kubasik and the perils of narcissism
    Ex-CIA chief Gen. David Petraeus and ousted Lockheed Martin executive Christopher Kubasik are just the latest in a long line of leaders to be laid low by their libidos, writes Jeffrey Pfeffer. That's in part a side effect of the narcissistic, aggressively egotistical traits we prize -- often with good reason -- in top executives, Pfeffer writes. "[W]e are choosing more narcissistic leaders and the misbehavior is not just the consequence of power but also of excessive narcissism," he writes. Harvard Business Review online/HBR Blog Network (11/12) Email this Story
  • Other News
A good man with a good conscience doesn't walk so fast."
--Georg Büchner,
German writer

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Contact NBC-CAM
National Board of Certification for Community Association Managers (NBC-CAM)
6402 Arlington Boulevard, Suite 510
Falls Church, Virginia 22042
Phone: 866.779.CMCA (2622)
Fax: 800.845.4394
The National Board of Certification for Community Association Managers (NBC-CAM) is a 17-year-old independent board that sets the standards for community association managers worldwide. The board 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 a 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.

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