CAMS Management Blog

What Roles Do Owners, Boards and Committees Play Within Community Associations?

There are various opinions on the role of community and condominium associations. But, generally speaking, the main purpose and authority of the association are to maintain common elements and ensure compliance with the association’s governing documents. Property owner associations typically operate with three bodies of community governance:  Read More


THE IMPORTANCE OF PROTECTING YOUR ASSOCIATION'S MONEY

One of the most important responsibilities of a property or condominium association board of directors is protecting the association’s funds. In doing so, it is important for the board of directors and management company (if you are professionally managed) to understand the necessary internal controls and available insurance coverages to properly protect the association in the event of embezzlement or misappropriation of funds from a board member, officer, committee member or management company.  Read More


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