ANSWER THE FOLLOWING QUESTIONS TO SEE WHICH MEMBERSHIP LEVEL YOU NEED:

DO YOU KNOW HOW TO READ FINANCIAL STATEMENTS?

DO YOU KNOW THE DIFFERENCE BETWEEN THE CASH AND ACCRUAL
METHODS OF ACCOUNTING?

DO YOU KNOW WHO CAN LEGALLY SERVE ON YOUR BOARD?

DO YOU KNOW WHO CAN LEGALLY BE AN OFFICER?

WHAT ARE THE REQUIREMENTS OF A "VOLUNTEER"?

HOW DO YOU PROCEED TO AMEND THE DOCUMENTS?

DO YOU KNOW WHAT TO LOOK FOR, AND WHAT TO AVOID, IN MANAGEMENT CONTRACTS; AND, HOW TO NEGOTIATE THEM?

DO YOU KNOW THE DIFFERENCE BETWEEN REPAIR/MAINTENANCE
AND MATERIAL ALTERATION?

DO YOU MONITOR THE PERFORMANCE OF YOUR ASSIGNED "MANAGER", PROVIDE HIM/HER WITH DIRECTION, AND DO NOT SOLICIT THEIR LEGAL OPINION OR OTHERWISE GIVE THEM FREE REIN?

DO YOU KNOW WHERE THE BUDGET LINE ITEMS COME FROM?

DO YOU KNOW HOW TO ESTABLISH AND MAINTAIN RESERVES?

DO YOU KNOW THE DIFFERENCE BETWEEN DEFERRED MAINTENANCE ITEMS AND CAPITAL IMPROVEMENT ITEMS IN THE RESERVE SCHEDULE?

DO YOU KNOW THE PROPER FORMAT FOR RESERVES SCHEDULES AND HOW TO CALCULATE THE CURRENT YEAR'S CONTRIBUTION?

DO YOU KNOW THE PRECEDENCE (PRIORITY) OF EACH OF THE GOVERNING DOCUMENTS AND WHY?

DO YOU KNOW WHAT CONSTITUTES "OFFICIAL RECORDS" AND WHAT IS CONFIDENTIAL INFORMATION?

DO YOU KNOW WHAT RIGHTS YOU HAVE TO "INTERVIEW/SCREEN" POTENTIAL BUYERS AND RENTERS AND HOW TO AVOID DISCRIMINATION?

DO YOU KNOW WHETHER YOU HAVE THE RIGHT (AUTHORITY) TO DEMAND A CERTAIN DOWN PAYMENT REQUIREMENT FOR BUYERS?

DO YOU KNOW WHETHER YOU HAVE THE AUTHORITY OF "RIGHT OF FIRST REFUSAL"?

DO YOU KNOW THE EXACT DIFFERENCES BETWEEN P.U.D., CONDOMINIUM, COOPERATIVE, TIME SHARE OWNERSHIPS?

DO YOU KNOW HOW TO STAY INFORMED ABOUT CHANGES IN STATUTES AND FEDERAL LAW THAT MAY AFFECT YOUR COMMUNITY?

DO YOU KNOW EXACTLY WHAT RULES YOU ARE LEGALLY ABLE TO PROMULGATE AND ENFORCE AND WHICH YOU MAY NOT AND HOW TO TELL THE DIFFERENCE?

DO YOU KNOW HOW AND WHERE TO FIND THE RIGHT ENGINEER FOR ROOFING, STRUCTURAL, MECHANICAL AND OTHER PROJECTS?

DO YOU KNOW WHAT DEED RESTRICTIONS ARE?

DO YOU KNOW HOW TO BUILD AN RFP/CONTRACT AND SPECIFICATIONS AND WHY A BOARD SHOULD NEVER SIGN A CONTRACTOR'S CONTRACT?

DO YOU MANAGE YOUR CONTRACTS TO ENSURE COMPLIANCE WITH ALL OF ITS TERMS AND CONDITIONS?

DO YOU KNOW THAT A CONTRACT IS VOID IF NOT DATED?

DO YOUR CONTRACTS HAVE A BEGINNING AND END AND PHASED PAYMENTS STRUCTURED TO INCLUDE LIEN RELEASES, INSPECTIONS AND OTHER CONDITIONS PRECEDENT TO PAYMENT?

DO YOU HAVE A LEGALLY APPOINTED COMMITTEE RESPONSIBLE FOR CONFLICTS RESOLUTION? 

DO YOU KNOW ALL OF THE COMMITTEES AN ASSOCIATION NEEDS AND WHICH ARE AD HOC AND WHICH ARE STANDING AND HOW TO APPOINT THEM AND THE LEVEL OF RESPONSIBILITY TO GIVE THEM?

DO YOU KNOW THE PLANNING PROCESS AND WHY IT IS ESSENTIAL TO BE PERFORMED BEFORE ANY OTHER ITEM OF BUSINESS?

DO YOU KNOW WHAT STRATEGIC PLANNING IS?

ARE YOUR OFFICIAL RECORDS SET UP SO THAT ANY DOCUMENT MAY BE LOCATED WITHIN MINUTES?

DUE TO THE CURRENT NATIONAL FINANCIAL/CREDIT CRISIS, ARE YOU PREPARED TO OFFER WORKOUT PLANS TO UNIT OWNERS HAVING FINANCIAL PROBLEMS?

DO YOU KNOW WHAT A "WORKOUT" PLAN IS, AS IT RELATES TO OWNERS IN A DEFAULT STATUS WHO ARE ALSO BEHIND IN MORTGAGE PAYMENTS?

IF YOU ANSWERED "YES" TO ALL OF THESE QUESTIONS YOU ARE DOING A GREAT JOB AND DON'T NEED OUR HELP.  ALONG THE WAY IF YOU NEED OCCASIONAL ASSISTANCE PLEASE LET US KNOW.

PROCEED TO THE NEXT PAGE TO REVIEW THE LEVELS OF MEMBERSHIP.