CAI Educational Info

COMMUNITY ASSOCIATION FUNDAMENTALS

Even though we live in an association, you might be surprised how many of our neighbors—owners and renters alike—don’t really understand the fundamental nature of common-interest communities. And we know that many others, including the media and government officials, lack a true understanding read more

DO YOU KNOW WHERE YOUR ASSOCATION DOCUMENTS ARE?

When you bought a home in your community, you should have received copies of all your governing documents prior to or at closing. Sometimes these documents get lost among all the other papers you received at closing. And many homebuyers are so involved moving into their new homes, they don’t take read more

WHAT’S SO GREAT ABOUT COMMUNTIY ASSOCIATIONS?

Community associations offer one of the best opportunities for Americans to own their own homes. They are for the 21st century what land grants were in the 19th century, and what the New Deal and GI Bill were in the 20th. Why?

COLLECTIVE MANAGEMENT PROTECTS VALUE

Americans have accepted, for the most part, the collective management structure read more

 HERE’S WHAT HOA RESIDENTS HAVE TO SAY

Americans who live in community associations are overwhelmingly pleased with their communities, expressing strong satisfaction with the board members who govern their associations and the community managers who provide professional support.

More than seven in 10 community association residents expressed read more

WHY DO WE NEED RESERVES?

Equipment and major components must be replaced from time to time, regardless of whether you plan for the expense. We prefer to plan and set the funds aside now. Reserve funds aren’t an extra expense—they just spread out expenses more evenly. There are other important reasons we put association read more

CLARIFYING YOUR MANAGER’S ROLE

Your association employs a highly-qualified professional community management company, and residents should know what the manager has—and has not—been hired to do. The manager has two primary responsibilities: to carry out policies set by the board and to manage the association’s daily read more