Homeowners

CAMS Blog

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. Typically, this information will be in t...
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.   Once it has been confirmed that the damages or repair ...
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.   Communication is an extremely i...
Property Owner Association Strategies for Hurricane and Disaster Preparation (Part 1)
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Is your association ready for a disaster or catastrophic event? A plan is critical year-round, but for the Cape Fear region, it is particularly important to be prepared for hurricanes and floods.   One of the responsibilities of serving on a board of directors or committee is dealing with disasters and catastrophic events such as hu...
Common Property Owners Association Terms Defined
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When it comes to your property owners association, there are a lot of terms that may be new or perhaps not clear. As you look through relevant documents and governing contracts, you have to understand the language used to fully grasp what is required.   There are a number of different terms used when referring to a condominium or com...
Top 5 Questions About Association Assessments
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When it comes to community and condominium associations, one of the hottest topics is assessments, often referred to as dues. After 25 years of managing associations, we’ve learned that when it comes to finances and payments, there is a lot of discussion and, many times, confusion. To help understand what association asse...
How do you Make Changes To Your Association's Governing Documents?
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Community and condominium associations are implemented by the developer of the community or condominium. For some associations, this can mean that they are governed by documents that may be quite old, outdated or not the right fit.   The good news is that the members of community and condominium associations can make changes to their...
Starting a Landscape Plan As A Property Owners Association
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If your association has landscaped common areas, then you should have a grounds maintenance (landscaping) contract for the association in place. The key to being successful long-term with any landscaping plan, and financial investment, is to start out with a good plan.   Start with a request for proposal (RFP) from the board of direc...

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