Best Practices for Community Maintenance, from Structural to Financial New Report Spells it All Out

Clipboard icon set. Checklist on the clipboard line icon with checkmarks, checklist, document, gear, pencil. Checklist symbol. Editable stroke. Isolated.

A new report, Best Practices: Community Association Maintenance, is now available as a free download on the Foundation for Community Associations Research (FCAR) website. Authored by a consortium of legal, engineering, finance, and management professionals, the report spells out the importance of a regularly applied maintenance plan and program for community association board members, community managers, and service providers. 

According to the Foundation, “It is imperative that board members not only understand their essential obligation to maintain their communities but to also have the education, resources, and tools necessary to succeed. A regularly applied maintenance plan and program combined with a properly prepared and funded reserve study can lead to safe, desirable, and financially secure community associations.”

The new report highlights:

  • Building maintenance programs
  • Roles & responsibilities of the developer and homeowners
  • The intersection of reserve studies and maintenance
  • Sample maintenance checklists

You can Download a free copy here, or purchase a hard copy from the Community Associations Iinstitute Bookstore. The cost is $12.95 for CAI members and $22 for non-members.

The Foundation’s best practices reports “cover topics like energy efficiency, community association governance, reserve studies, community harmony and spirit, financial operations, strategic planning, and ethics using a variety of sources, including recommendations from industry experts and various industry-related publications.”

Related Articles

Businessman holding magnifying glass and Building, building selection

Funding Reserves & Scheduling Repairs

With Oversight Inconsistent, Boards Must Do Right on Their Own

cracked and bandaged piggy bank with one dollar bill inside it

Financial, Physical, & Operational Health

How Does Your Association Measure Up?

Jersey City, NJ, USA - February 15, 2023: modern buildings at morning in Jersey City, United States

Dealing With Major Façade Projects

In Condos & Co-ops, the “F” Word is “Façade”

Medicine and weather concept. A wooden house wrapped in a scarf stands on fallen leaves.

Winterization

The Last Thing on Anyone's Mind in July

Washington DC, USA - July 3, 2017: Federal Trade Commission and Housing Finance Agency seals in downtown with closeup of sign and logo

Fannie Mae's Secret 'Blacklist' of Properties

As Many as 1,700 Condos, Co-ops & HOAs May Be Affected

Construction concept , Foreman officer inspector defect about engineer&architect work home building before complete project

Building Inspections

Up & Down, Inside & Out