One Continuing Education Credit Available
This course is approved by the Community Association Managers International Certification Board (CAMICB) to fulfill continuing education requirements for the CMCA® certification. www.camicb.org.
Many association-governed communities in the United States are underfunded, based on data from approximately 8,400 reserve studies completed between 2010 and 2012. That means communities haven’t set aside enough money to offset common-area deterioration and won’t have enough money in reserve to make repairs and replacements in a timely manner. While many states don’t require associations to maintain adequate reserve funds, failing to properly fund reserves is never a wise decision. In this webinar, two experts discuss the challenge of making tough budget choices when money is tight.
Members: USD $69.00
Non-Members: USD $99.00 (Join CAI and Save!)
Topics
- How board members and managers can avoid liability exposure
- Finding flexibility in operating budgets
- The consequences of underfunding reserves
Adrian Adams, Esq., founded Adams Stirling PLC, which grew into a preeminent firm representing more than 2,000 common-interest communities throughout California. With an extensive background in the community association field, Adams is one of the leading attorneys in the state specializing in common-interest developments.
Robert Nordlund, PE, RS, is founder and CEO of Association Reserves Inc., a recognized industry authority in preparing reserve studies for association-governed communities since 1986. As a registered professional engineer and reserve study pioneer, Nordlund was involved in creating the 1998 National Reserve Study Standards and has greatly influenced the community association industry.
Continuing Education Credit
This program provides one credit per hour toward:
- Certified Manager of Community Associations recertification
- Association Management Specialist redesignation
- Professional Community Association Manager redesignation
To earn credit, you must be personally registered for this program and print the certificate of completion to document your participation.
Registration Information
All registrants will have full access to this on-demand, online recording for 120 days.
Manager Certifications and Designations
Certified Manager of Community Associations (CMCA®) / Association Management Specialist (AMS®) / Professional Community Association Manager (PCAM®) / Large-Scale Manager (LMS®)
Management Company Designation
Accredited Association Management Company (AAMC®)Service Provider Designations and Distinctions
Reserve Specialist (RS®) / Community Insurance and Risk Management Specialist (CIRMS®) / Educated Business Partner
