HOA Board Responsibilities: Proactive Asset Management & Protecting Your Community

Being an HOA or condo board member is about much more than enforcing rules and collecting assessments. In this educational session, Chris Hancock of KS Management explains why proactive asset management is one of the most important responsibilities a community association board has — and how today’s decisions can directly impact the long-term financial health, appearance and value of the community. Chris discusses the responsibility board members have to maintain, protect and preserve common elements, while shifting the focus from individual concerns to what is best for the association as a whole. Topics include: • HOA and condo board member responsibilities • Proactive community asset management • Maintaining and protecting common elements • Long-term planning for associations • Understanding the board’s fiduciary role • Making decisions for the entire community • Preventing deferred maintenance • Protecting property values and association assets Strong communities are rarely built by reacting to problems after they happen. They are built by boards that plan ahead, understand their responsibilities and make informed decisions. Presented by Chris Hancock, PCAM®, CMCA® of KS Management. KS Management provides professional HOA and condominium association management throughout Southeast Michigan, including full-service community management, financial management, maintenance coordination, board education and association resources. Learn more about KS Management and our educational resources for Michigan HOA and condo board members.