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How to Manage A Small Condominium Association

Small condo association management in Nevada poses unique challenges because of fewer resources, but it can be done successfully by following a few tips. When condo associations have fewer members, they have fewer dues to support the work of the homeowners association and to improve the community for everyone. Managers can take several steps to improve efficiency and to make the HOA successful and responsive to the needs of the individual owners.

Raising Funds

One challenge that managers of small condo associations face is raising money. They must be careful with how much they charge residents. They should avoid charging excessive fees because that could deter others from purchasing properties within the community. If a fee increase is projected, residents should be promptly notified so that they can make budgetary adjustments.

Listening to Members

Decisions that are made affect the condo association’s members. Managers should listen to members and allow them to provide input. While managers do not have to take every suggestion, listening can help the members feel valued. Transparency and communication are key to successfully managing a small condo association. The members are likely to be happier when they know what decisions are being made and the reasons for them. 

Working Within the Budget

Trying to balance a small condo association’s budgets with the desired services can be challenging. Board members must have realistic discussions and take care to not overspend. They should also prioritize repairs and upkeep instead of putting them off. Condo boards should analyze the likely costs that the repairs might require if they are left to the future and allowed to deteriorate further. Without spending on repairs, the future costs may strain the condo association’s budget even further. Managers should carefully research costs and bids before moving forward.

Keeping Realistic Expectations for Volunteers

While small condo associations may rely on the help that volunteers can offer, they should not place too many expectations on residents who agree to step up and contribute. Managers should remember that the residents already have to balance their careers and lives. They should not pile too much volunteer work on residents who may already be stretched thin. 

Staying Organized

Good organization is critical for efficiently managing a condo association. Boards and managers should keep meticulous records about everything that happens, including meetings, finances, and decision-making processes. 

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My family and I are thankful to Maddox, Segerblom and Canepa for their assistance during a three year case regarding construction defects to our home. We are truly appreciative of their knowledge, determination and assistance during this process. They were always courteous, and available to answer any and all of our concerns and questions. Thank you for the wonderful resolution. Many thanks to you and your staff.

Frances Castelli

We used Maddox, Segerblom & Canepa to represent us in a legal suit re problems in construction on new properties that we purchased from a developer.

We were very pleased with the representation provided by this law firm. They were fully communicative, responsive to our questions and were very knowledgeable about the issues that required resolution. Even after we reached a resolution, they have been responsive in making sure to point us in the right direction for help with repairs that are required.

We would recommend them to others with similar issues that require legal help.

Atam & Margo Lalchandani

Maddox, Segerblom & Canepa did a FANTASTIC job in our construction defects case. I interacted with several people from their office throughout our 2 year litigation. Their staff is friendly, knowledgeable and always prompt about getting back to you when you have questions/comments/concerns. I especially enjoyed working with Darcy, Ardea, Eva, and Sandra. Being part of a lawsuit is no fun for anyone, but if you have to be a part of one, I can’t say enough positive things about this firm!

Victoria Fox

The law firm of Maddox, Segerblom, and Canepa were amazing to work with. They were thorough and always available for any questions we had. We worked a lot with Sandy who was always professional, friendly, always on time for appointments and just a great person to represent this firm. We have never been involved in a law suit before and they made it comfortable for us. We appreciate the hard work the lawyers and people who work for the firm did and would recommend them.

Becky Loudenburg
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