Public Policies
PAGE 31
ATLANTIC BEACH ESTATE
4. Risk management and insurance
ARC supports the implementation
and maintenance of an effective risk
management programme by all member
communities. ARC believes that an
effective risk management programme
can best be achieved if associations
and their governing boards work with
recognised community association
professionals. ARC further believes that
a comprehensive association insurance
programme must focus on meeting
a broad range of legal requirements
while recognising that the governing
board is the “trustee” of the owners
in insurance matters. This programme
(collectively risk management and
insurance) requires that risks of loss be
fully evaluated and that funding for such
clearance certificates on all transfers of
loss (whether by commercial insurance
property, including forced sales.
or self-insurance) be fully analysed.
5. Debt collection practices and
clearance certificates
6. Homeowner’s access to
information
ARC supports all owner rights to
ARC supports effective, fair and
information, in accordance with the
reasonable collection methods according
Companies Act. ARC opposes any
to properly established policies dealing
instruction by any party to provide
with arrear levies, special levies and
them with a member database of any
penalties, and opposes any government
community, beyond a simple member
limitations on the ability of HOAs
register.
to pursue such methods. ARC also
accommodate owners experiencing
7. Relationships between
associations and other entities
temporary financial difficulties. ARC
ARC supports an integrated approach
opposes any claim that an HOA does
to the branding, communications and
not have a real right to issue levy
marketing strategy for the residential
supports reasonable procedures to