Homeowners

CAMS Blog

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.”Read More
HOA's: Follow Your Bylaws & Proper Parliamentary Procedure
We are regularly asked by association clients if it really matters how precisely meeting rules are followed. “Can’t we just vote on this proposal by e-mail?” “What’s the consequence if the meeting notice is not exactly right?” Without exception, our advice is always: FOLLOW THE RULES.As an example of &l...
Managing New Startup Condominiums and Communities For Developers
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Managing startup condominiums and communities is a unique job. There should be a community manager with experience working as part of a team, and that team should include other professionals in addition to the developer. Typically, the development team will hire surveyors, engineers, architects, land planners and other specialists to lay...
Transition Your Association From The Developer To The Members
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For every association, there is a point when members should take over leadership and control from the developer. An association’s declaration and bylaws will stipulate when the developer is required to turn control of the association over to the members. While the state has specific timelines and triggers regarding transition to mem...
What To Know Before Buying In A Condominium Or Planned Community
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There are many reasons people buy a home in a condominium or community association. Some great reasons include the availability and shared expense of recreational amenities, architectural style, affordability and social gatherings. However, learning all of the details of a community before purchasing is extremely important. The condominiu...
New Sales Tax Provisions For 2017
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This 2016-17 State Budget includes several new sales tax provisions intended to clarify the application of sales and use tax on certain repair, maintenance and installation services and provides a grace period for under-collection of that tax by contractors in 2016. These new provisions will be important to individuals and companies who p...
New NC Sales Tax Will Impact Associations Budget
For those of us that manage associations in NC there was recently a House Bill that was passed that will impact our associations budgets effective 2017. In summary, The NC Dept. of revenue will be taxing certain service providers that provide goods and/or services to our services to your associations. I have included the language of the b...
How to Run a Successful Association Meeting
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A condominium or community association’s annual membership meeting requires thorough preparation to be successful. One of the first things a manager or board should do is review the association’s governing documents for any annual and special membership meeting requirements. Read More
Property Owner Association Strategies for Post-Hurricane and Disaster Events (Part 3)
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In my previous two articles, I discussed preparation for catastrophic events and post-event site assessment. There are a few final steps to disaster recovery for associations, though, and those are settling the insurance claim and finalizing the cleanup and repair process Read More
Property Owner Association Strategies for Post-Hurricane and Disaster Events (Part 2)
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Does your association have a post-hurricane and disaster event plan in place? As I discussed in my last article, preparation is key for property owner associations when it comes to being ready for catastrophic events. But once the event happens, there are some steps your association should take. Read More

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