Maryland Reserve Studies and Your Association

The Maryland Condominium Act and Maryland Homeowners Association Act require associations to undertake a reserve study at least once every five years. Delaware and Virginia already required reserve studies, but all 50 states are developing similar requirements as a response to the tragic collapse of the Champlain Tower South condominium in Surfside, Florida. Maryland Reserve…

Questions Boards Should Ask About Cybersecurity

Board members of both public and private companies have a fiduciary responsibility to establish and oversee business policies that drive a company’s financial growth and performance, including how their organization manages cybersecurity threats. Not only can a company be put at risk by cybersecurity breaches, but a director can also be held personally liable in…

Recruit and Retain: 6 Ways to Create Long-Term Volunteer Partnerships

Community associations simply can’t function without volunteers. Board members and committee members play a critical role in making community associations vibrant and attractive places to live. Finding, motivating, directing, and creating long-term volunteer partnerships, however, can be challenging. Yolanda M. Wilson, manager of neighborhood vitality in the City of Mesquite, Texas, creates engagement opportunities and…

Protecting Your Board

Strong, Responsible Organizations Protect Their Leaders With D&O Coverage BY: Client Advisor Megan Muller, CIC When you volunteer on a board, you’re donating your time, experience, and energy to an organization you care about, and you’re focused on how you can contribute to the group. But before you jump ‘on board,’ there are important liability…

Experts Predict Another Active Hurricane Season in the Atlantic

For 2021, Colorado State University (CSU) hurricane researchers are predicting an above-average Atlantic hurricane season, which runs from June 1st to November 30th. Specifically, CSU researchers believe there will be 17 named storms in 2021. This is above the average 12.1 named storms per year that occurred from 1981-2010. Of the predicted 17 named storms…

How Association Documents Affect Virtual Meetings

During the pandemic we saw associations move to virtual meetings and electronic voting. Some association documents require in-person meetings and include specific language on how the voting process should work. In Delaware, the state statute governing Community Associations allows for remote or virtual meetings. As state statute supersedes the governing documents, associations may hold virtual meetings.…