Los Angeles
HOA Management
J & N REALTY, INC.
Time-Honored Quality & Commitment Since 1993
- Primus Inter Pares -
~ first among equals
Even though you live in an association, you might be surprised how many of our neighbors—owners and renters alike—don’t really understand the fundamental nature of common-interest communities. And we know that many others, including the media and government officials, lack a true understanding of the community association (or condominium) concept. Community Associations Institute (CAI), a national membership organization that represents the best interests of common-interest communities like ours, developed 10 basic principles that answer three essential questions: What is the basic function of a community association? What are the essential obligations and expectations of homeowners? What are the core principles that should guide association leaders? We’re confident you’ll recognize your community while reading these principles. 1. Associations ensure that the collective rights and interests of homeowners are respected and preserved. 2. Associations are the most local form of representative democracy, with leaders elected by their neighbors to govern in the best interest of all residents. 3. Associations provide services and amenities to residents, protect property values and meet the established expectations of homeowners. 4. Associations succeed when they cultivate a true sense of community, active homeowner involvement and a culture of building consensus. 5. Association homeowners have the right to elect their community leaders and to use the democratic process to determine the policies that will protect their investments. 6. Association homeowners choose where to live and accept a contractual responsibility to abide by established policies and meet their financial obligations to the association. 7. Association leaders protect the community’s financial health by using established management practices and sound business principles. 8. Association leaders have a legal and ethical obligation to adhere to the association’s governing documents and abide by all applicable laws. 9. Association leaders seek an effective balance between the preferences of individual residents and the collective rights of homeowners. 10. Association leaders and residents should be reasonable, flexible and open to the possibility—and benefits—of compromise.
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J & N Realty Inc. -- Property Management Services Real Estate Condominium Homeowner Association Townhouse Townhome HOA Condo Common Interest Development > Articles I. > Community Association Fundamentals We do the difficult immediately; the impossible takes a little longer
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It is the fate of the Property Manager to toil at the lower employments of life; to be rather driven by the fear of evil than attracted by the prospect of good; to be exposed to censure without hope of praise; to be disgraced by miscarriage or punished by neglect, where success would have been without applause and diligence without reward. While others may aspire to praise, the Property Manager can only hope to escape reproach, and even this negative recompense has yet been granted to very few.
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As Property Managers, we all have learned primarily
through our mistakes and pursuits of false assumptions
rather than by our exposure to fountains of wisdom and
knowledge.
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