Governance – Property and Community Management
The rapid growth in community associations in the last decade has equally shown dramatic increases in the number of people entering the field of management. Some are of greater qualification than others.
Some take classes and pass the certification exams to help guide communities they manage. But not all people applying for the position of a manager do.
In fact, most states have no basic requirement for people who decide to become stewards of your community. A recent series of cases of embezzlement high profile has attracted the attention of state legislators, who are fighting to ensure that the managers of the community offer at least a basic understanding of their responsibilities.
When you really look at what community managers do, they are people who act as stewards of the neighborhood. With these licenses, we believe the community knows they are getting a quality manager to manage a quality community.
Proponents of the license says it is common sense. “You can not sell a hot dog without a license and can not be given a haircut without a license. Everyone needs a professional license,” says Evan McKenzie political science professor at the University of Illinois at Chicago. “The only way to get an idea of the quality of management is to have government oversight.”
Community Associations Institute (CAI) national certification promotes community partnerships, and in states that propose mandatory regulation, supports a system that incorporates the “adequate protection for homeowners, compulsory education and testing fundamental knowledge of management, standards of conduct and appropriate insurance requirements. ”
Increasingly, community associations are taking on powerful functions. they are expected to have a complex understanding of relevant laws, but many states do not require continuing education. In addition, it is often expected to understand accounting, budgeting, maintenance and the documents governing the association. And that’s just the beginning.
“The perception is that the management of a community association is easy, and I say it’s not true,” says the lawyer for Anna Lucia “Pia” Trigiani. “A manager has to understand facilities management and governance. They must be able to put on a pair of overalls and ensure that the landscape is done correctly, and then dress and go to a board meeting and understands how the Board has to act outside and how voting is carried out.
State licensing systems generally require the applicant to complete a minimum number of hours of education to obtain an initial license and then additional hours to renew it. Classes focus on areas such as operations management, budgets, government documents and insurance.
It’s like a driver’s license – you know the person at least knows how to turn the car where the steering and brakes are located. With a license, they at least have the basic level of understanding.
Protection of property
A driving force behind the manager licensing initiatives is a growing perception that partnerships are vulnerable to fraud and theft. Media coverage of cases of embezzlement have reinforced the need to protect homeowners and their property.
Homeowners who need to be able to ensure that people who are hiring are competent and ethical. It is important to require that people interested in becoming managers demonstrate their qualifications, commitment to continuing education and maintain a high ethical standard.
Licensing laws can protect associations requiring management companies insurance against theft of funds, and often are the associations with grievance procedures to track problem areas and businesses – with the State to impose punishment if necessary. Ultimately, the states with licensing programs may revoke the license of a manager – but only after specific administrative procedures. States can also opt to take public disciplinary actions, as is done successfully with attorneys.
A licensing law manager can not stop someone from committing a foul when a manager, but you can avoid later to continue working in an industry where they have access to money.
Riverside Property Management is fully in compliance with licensing law in Georgia, which already requires that all our managers to maintain a Certified Manager of Community Association (CMCA) license. In addition, it requires 20 hours of continuing education every year to ensure our staff are capable and competent to serve our customers.
You can view the directory of accredited professional CAI and companies if you wish to verify the credentials of the property manager athttp://www.caionline.org/govt/managerlicensing/Pages/default.aspx#ga