All too often, a prospective
client approaches Access Management Group, asking us to assume complete control
of a community. If you really think about it, this is an unacceptable abdication of homeowner responsibility. A management company is only supposed to act as a agent of
the Association, barred from the decision-making positions reserved exclusively for
homeowners. The Community's Board of Directors makes the decisions, but its the Community Association Manager that ensures that the Board's decisions are put into action.
The root of such requests
is typically due to apathy or tyranny - homeowners who just don't care and want someone else to "deal with" community issues OR homeowners that want the community that they live in to be run "their way." Both are
just the passive and aggressive sides of the same egocentric coin. Board bullies grab news headlines, but
homeowners who choose to “check out” of community involvement are just as
damaging. Carried to the extreme, a
community ripped apart by strife or smothered in apathy finds itself in the
same place: under a Court-appointed
master.
What can you expect if
this occurs? A court does not step in to
the situation on its own. It must be
petitioned by a homeowner, the first of many expensive legal steps. After a judge agrees that a community is
simply limping along, he/she appoints a trustee to manage affairs. Often times, this is an expensive move that doesn't even end up benefiting the association in the least!
In one instance, a trustee assumed
control of all association operations and bank accounts. The trustee ran the
association as he saw fit and was able to bypass any and all voting processes. There was no
homeowner input and no refusing to pay any increased assessments - no matter how
much. The salary cost for the trustee was nearly
$64K for four month’s work. Unlike a
volunteer Board of Directors, a trustee is fully
compensated for the work, which may run $150 to $300 an hour!
Very good, regards created for supplying that will write-up. homeowner association property management
ReplyDelete