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CAMS Blog

The Value of Partnering with Financial Institutions
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Community management companies, like the rest of the world, are being targeted for fraud and the threats are growing. This includes people attempting to cash fake checks at local banks, embezzlement, and cyber fraud via email and the internet.   It’s not easy or quick to determine fraud is happening, either; the average sc...
Is It Time to Reorganize Your Association’s Files?
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If your community association has been around a while, it’s probably safe to say it has amassed some paperwork over the years.As warmer weather leads many of us to turn our attention to spring cleaning, it can be tempting for association board members to focus their sights on those dusty old files.Before you toss those folders or sh...
Tips for Avoiding Budget Headaches
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If you’re a member of a property owners or homeowners association board of directors, chances are, there’s one time of year you dread more than all others – budget preparation.The annual budget planning process – which usually begins in the fall since most property owner’s association (POAs) and homeowner&rsq...
How Does Professional Management Benefit You?
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Anyone who has dealt with a leaky roof knows that finding the right person for the job is crucial because – unless you know a thing or two about reattaching or replacing shingles – you are entrusting someone else with your home’s safety and your family’s wellbeing.The same can be said of professional management com...
Keeping Your Association’s Money Safe
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Every board of directors of a property or community association has a lot of duties to perform – from ensuring guidelines are met and enforced to fielding casual concerns from neighbors.But perhaps the most important responsibility you have as a board member has is to protect the association’s funds. Given that you have b...
New Technology Means More Options for Community Association Billing and Payments
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Over the years, technology has dramatically changed the way community and condominium associations bill and receive payments for owner assessments, sometimes referred to as dues.When I first started in the business in the late 80s, just about every community and condominium association – whether self-managed or managed by a professi...
Protecting Community Association Funds
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Everyone understands the importance of keeping personal assets in order. It’s no surprise, then, that managing a community association’s finances is a critical function of any association’s board of directors. And, as part of that management, it’s crucial to ensure an association is protected in the unfortunate ev...
The Importance Of Protecting Your Association's Money
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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 c...
New Sales Tax Legislation Affects Property Owners Associations
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A recent North Carolina Sales Tax law has a direct impact on the budget of just about every property owners association. On July 1, the state legislature passed House Bill 1030 - Current Operations and Capital Improvements Appropriations Act of 2016, also known as the “budget bill.” In it are a number of noteworthy changes t...