Residential Estate Industry Journal | Page 60

• • • • • • • • • • • • • • • The legal documents and statutes that enable a community to operate Roles and responsibilities of managers, owners, committees and the board Management ethics for professional community association managers Steps for developing and enforcing community association rules Manager’s role in organising, assisting, and conducting board meetings Manager’s role in preparing the budget and funding reserves Effective levy collections policies and procedures Remedies available for collecting delinquent payments from owners Overview of financial statements, reporting methods and operations Characteristics of an effective risk management and insurance program Methods for implementing and evaluating a maintenance program Criteria for deciding whether to use association staff or outsourced management How to prepare a bid request or RFP and key contract provisions Recruiting, screening, selecting and managing personnel Basic conditions of employment addressed by national and local law