Residents May Be Able to Recover Special Assessments Levied Post-Storm
Last year, after Hurricane Irma came and went, many Community Associations were looking at cleanup and repair costs that exceeded their expectations – and budgets. How do Associations pay for storm damages and repair bills when they come due? There are basically three ways to pay these bills: Borrow from the bank, raise the regular […]
Emergency Planning for Community Associations
Start Planning for a Disaster Now Consider this scenario: You are a board member for a Condominium Association that represents over 300 residents in a condominium complex consisting of two towers. In the early hours of a Thursday morning, you are awakened by a loud knocking at your door. You open it to find a […]
Hurricane Insurance Claims: Understanding Coverage Before a Storm Hits
After experiencing Hurricane Irma last year, many questions arose during preparations for the storm and after the storm made landfall relating to insurance coverage for damages caused to a community’s buildings, common areas and other property, as well as to individual condominium units. As a Board Member and/or resident living in a Condominium Association, it’s […]
Is Your Community Prepared for the Next Hurricane?
Preparation is the key to good management. Hurricane season beings on June 1 st and now runs through November 30 th , and as you are well aware, having a Hurricane Preparedness Plan in place makes the process of preparing more efficient. To help you be better prepared, our team at KW Property Management, along […]
Welcome
Welcome to our new property management blog! We look forward to making this platform the best resource for information about Condominium and Homeowners Association management, legislative updates, best practices and any other topics that can impact or help your community! We encourage you to subscribe to our blog to receive updates and insights as we […]