Underfunding occurs when a board approves a budget that won’t be sufficient to operate a building based on its historical expenses.

When boards do this, they fiddle with the budget projections for the upcoming year, often for line items such as regular repairs and maintenance.

While underfunding may provide some short-term gratification for board members looking to hold the line on monthly costs, it sets the timer on a potential financial bomb that could cause serious damage later on.

No unit owner wants to find out that there’s a shortfall in the community bank account and bills have gone unpaid, and no prospective buyer wants to buy into a community that can’t balance its books. 

It is important to create a realistic budget to avoid these problems. Examine your budget each month against annual results and make adjustments where necessary. 

Learn more here

Fees for garbage overage by waste haulers and fines from the City of Chicago can add up for small condominium associations!

In KSN's  podcast epsiode, attorney Omar Malik explains how condominium, townhome, and homeowner associations can navigate Chicago’s sanitation code, avoid expensive citations, and establish proactive trash management. 

Listen here

Noise is an acknowledged part of urban and communal living.

External noise, such as traffic, garbage collection, and voices of people on the street, is controlled by zoning laws and noise ordinances. 

However, when it comes to internal noise, such as upstairs or downstairs neighbors, the definition of “too much noise” is very subjective.

If you are dealing with a noisy neighbor, first try having a friendly conversation with your neighbor. Explain to them what’s happening on your side of the common divide and try to work out an amicable solution. 

If speaking with the noisy party fails to remedy the situation, or is not viable, the owner should complain to the board or the managing agent, if the condo is professionally managed. 

If the managing agent is brought in, the board will be informed of the problem and may choose to get involved if it’s determined that there is a nuisance. Their action might range from mandating the installation of soundproofing materials to leveling a fine. 

If the board refuses to intervene and the nuisance continues, the complaining party can take matters into their own hands by suing the offending neighbor and even the board -  if the owner feels that the board has not upheld its responsibility.  

Read more here

Chemistry and communication among board members is critical. 

Here are 5 things to remember to maintain effective and enjoyable board member relationships:

Respect each other

Mutual respect among board members allows for open discussions, different perspectives, and insight on issues that impact the entire community. 

Listen to each other

While debates can be productive, it is important to listen to, consider, understand, and appreciate countering opinions.

Follow directions

The board should look out for the best interest of everyone within the community and never act in individual self-interest.

Be Honest

Clear communication and transparency creates trust and cultivates an environment where community members are more likely to be honest and participate. 

Have fun

Board members should try to have fun while handling association business. This will improve collaboration and communication. 

Learn more here

 If you’re feeling bogged down by violations and are looking to implement a more effective, streamlined process for violation enforcement in your community, this is the webinar for you!

Join Miryam Scanga, licensed Association Manager, and Brian Bosscher, CEO and current Board President, as they discuss the benefits of effective violation enforcement and strategies for executing fair and systematic enforcement. 

Topics include:

  • Why violations need to be enforced
  • Who is responsible for enforcing violations
  • Common enforcement issues
  • Effective vs. ineffective enforcement processes
  • And more!

Register here.

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