News & Articles

The Importance of Fire Extinguishers

The association strongly encourages residents to keep at least one, and preferably several, fire extinguishers in your home. Fire extinguishers reduce the potential for damage which keeps our insurance premiums—and your assessments—down. Several types are available, and each has a specific use. How Many? Common household fire extinguishers are only intended to snuff out smallRead More
Posted in Categories:

Help Keep Our Community Green

Like leaders in more and more associations these days, our community leaders strive to use environmentally friendly products and services. Here are some tips that you can use in your home to continue this positive trend in the community: Use organic products, such as organic lawn fertilizers, which are less harmful to the environment. ChooseRead More
Posted in Categories:

What is a Community Association?

Some residents think homeowners and condominium associations (generally called community associations) exist just to tell them what to do—or not do. Actually, the association is more like a housing management or service-delivery organization that provides three types of services to all residents–owners and renters alike. Community services – these can include securing trash collection, publishingRead More
Posted in Categories:

Why Must the Association Approve My Fence?

Although the association may sometime seem like Big Brother when you want to build a shed or put up a fence, our design review program is actually a benefit—not a burden.
Posted in Categories: ,

Are You Adequately Insured?

Condominium owners sometimes assume that the association’s master insurance policy is all the coverage they need. The master policy actually only covers the building, not your personal belongings, or any upgrades you’ve made to your unit.
Posted in Categories: ,

Assessments: The Best Bargain in Town

Some people question why they have to pay what is commonly known as the member assessment when they move into a condominium or homeowner association. While assessments may be a technically correct term, the fact is that they are actually property maintenance fees. When the collective buying power of the entire association is factored in,Read More
Posted in Categories:

Government Support is One Click Away

You’ve probably heard the old joke, “I’m from the government, and I’m here to help you.” While there are times most of us would agree this is a contradiction in terms, government agencies do provide an unlimited variety of free advice, guidance, and information, and most of it is now just a computer click away.Read More
Posted in Categories:

Reduce Threats to You and Your Children

Countless accidents, injuries, and deaths occur in and around the home, and our community is no exception. Our children are often at the greatest risk—even when we do everything we can to protect them. According to the U.S. Consumer Product Safety Commission (CPSC), there were 20 deaths and more than 200,000 toy-related injuries in 2005Read More
Posted in Categories:

Working to Protect Your Money

One of the most important responsibilities of the board is to manage the association’s funds—your money. We take this responsibility seriously; these are the procedures we insist on to protect your money: Association financial records are audited annually by a certified public accountant. Bank statements are reconciled promptly each month. The balance sheet and profitRead More
Posted in Categories:

How the Budget Committee Works

The budget committee comprises members of our community association, which enables residents to have a say in how their money is spent. How does the budget committee work and who serves on it? The Treasurer’s and Accountant’s Roles It makes sense for the board treasurer to chair the budget committee. As chair, it’s the treasurer’sRead More
Posted in Categories:

Get a Free HealthCheck Consultation

How healthy is your Association? How healthy is your Association Management? GOProperty Management offers a Consulting service called HealthCheck, designed to help you answer those questions. There is no charge and no obligation for this service.

Learn more about HealthCheck

 

State Statutes

Download documents that govern the property management industry in North Carolina.

Ch. 47C - Condominium

Ch. 47F - Planned Community

Ch. 55A - Non Profit