Covina, CA (PRWEB) November 29, 2013
Lordon Management specializes in helping plan and coordinate annual meetings. They understand the importance of meeting and getting every homeowner on board with the budget and any upcoming projects regarding the association.
It is that time of year again, when Board members and community managers are planning their HOA annual meeting. This meeting consist of figuring numbers and preparing a budget for the upcoming year. The property manager pulls the budget from the current year and compares it with the actual money that has been spent. The budget is not the only purpose of an annual meeting, the HOA also uses this time to bring any future endeavors to the table. It is a time for all homeowners to come together and voice their opinions about the community.
A Board election can also be performed at an annual meeting determining the next Board of Directors. The amount of time spent gathering information, from finances to the organization of the meeting, can be overwhelming. Lordon Management understands that it is difficult to plan an annual meeting, and would gladly help an association plan this much needed get-together. Lordon Management has a handful of certified property managers that are ready and willing to assist HOA’s in need of an annual meeting. A Board of Directors in most cases will have ultimate authority and responsibility for the activities within an association and the decisions made. With Lordon, that association will receive recommendations and suggestions from their manager, attorneys, insurance agents, CPA's, and other industry professionals. This input will better a community association and prepare an organized and productive meeting.
Community Associations were created to maintain common areas, provide aesthetic control, maintain a harmonious neighborhood via enforcement of the regulations, and forward planning for financial reserves and capital improvements.The Board Members are elected to help to fulfill this purpose and the primary goal should be to maintain, protect, preserve, and enhance the value of the property. This is why a productive annual meeting is necessary for a community association’s survival. The Board of Directors has to be elected by the members of the association to make decisions for the community as a whole.
Lordon Management has offices in Covina, Westlake Village, Tustin, and Bakersfield, California. They offer fully-customizable community association property management solutions, from financial-only packages to full-service property management, to associations throughout the southern California areas of greater Los Angeles. Lordon utilizes a staff of highly trained and certified professionals to provide exceptional value. For more information regarding Lordon Management, please visit http://lordonmanagement.com.