About CAMS

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How to Handle Increasing Member Assessments
Having a proper, fiscally responsible budget in place is necessary for the successful operation of any homeowner’s association. Just as with any budget, income and expenses must be considered - ...
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Making Meetings Count: How to Reach a Quorum Through Proxies
Annual and special meetings require homeowner votes for new board members, assessment increases, capital improvement projects, and amendments to the association’s governing documents. The goal i...
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When Your Association Should Consider a Buydown Policy
Insurance coverage is one of the many important aspects of managing and protecting community assets that HOA boards of directors must keep in mind. If associations are faced with large deductibles, on...
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Two Pairs of Eyes are Better Than One: Why Community Associations and Developers Should Have Separat...
North Carolina has the third most planned communities in the United States after California and Florida. All of these planned communities typically evolve in a similar three-step process. First, a rea...
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Crunching Numbers: What Goes Into a Community Association’s Budget?
Budgets are crucial to a community association’s financial operation. Just like for-profit businesses, association boards should work diligently to develop annual budgets that estimate revenue a...
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What to do if There are Insufficient Reserve Funds
What are reserve funds and what are they used for? Reserve funds are broken down into capital and non-capital expenses; capital would be replacing a roof; non-capital would be painting. These are IRS ...
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How to Increase Homeowner Participation in Your Community
Homeowners can often have differing views of their community associations — some positive, some negative —  depending on their source of information and experiences in the community. ...
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New Appellate Case: Is Your Architectural Process Fair and Reasonable? (Hint: It Better Be!)
In a decision issued today (December 17, 2019), the North Carolina Court of Appeals examined the authority of an association to review and deny submitted architectural plans. This is the second archit...
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When And How To Make Changes To Your Association's Governing Documents
At CAMS, we’ve seen through the years how positive — and necessary — change can be for homeowner’s associations (HOAs). Generally, we recommend every association do what we wou...
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Tax Season: What Your HOA Should Know
Tax season isn’t just a fun time for residents and businesses in North Carolina, it’s also a big piece of the financial puzzle for homeowners associations (HOAs). As complicated as federal...

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