Condo Media - January 2021 - 36

Helpful Advice Leadership

Are You a
Condo Leader?
10 Reasons to Join the Board
[by Jack Carr, P.E., RS, LEED-AP]

With the dust of the recent election
campaigns starting to settle, how
often did we ask ourselves why would
anyone put themselves through all
that? Why risk personal reputation and
consumption of precious time for such
unguaranteed rewards? Or, to the point of
this article, why should you join the condo
board? The answer(s) will be found in one
or more of the following 10 reasons.
PROTECTION OF NET
WORTH. This is the answer
driving most condo leaders to
join the board. Your condo unit may be
the biggest investment in your financial
portfolio, and you need to safeguard it.
Whether you live in a condominium or
HOA, there comes a time when the
community faces hard choices
regarding a major project or special
assessment decision. You will sleep
better at night knowing you have some
control over the process.

1

36

CONDOMEDIA January 2021

SPECIAL EXPERTISE.
The community needs your
special skills or experience.
Perhaps your accounting background
can help develop an operations
maintenance budget or assist in capital
reserve planning. Maybe you know the
construction trades and can guide the
building committee, or you have a good
understanding of landscaping and help
spruce up the grounds. Whatever your
talent, it could be invaluable to your
community.

2

HELP YOUR NEIGHBORS.
Often a board member never
sought to be on the board,
but neighbors brought attention to a
serious problem and the only solution
was taking a leadership position. It is
often said some are born to lead while
others have leadership thrust upon
them. Whatever the case, you might
be the right person for the job.

3

MAKE NEW FRIENDS.
Perhaps you are new to the
community and want to meet
your fellow unit owners. Whether you
have just moved to a new city or have
downsized from the big house, adjusting
to a new lifestyle can be difficult.
What better way to immerse yourself
into your new community and get up to
speed than being a member of the board?

4

CAREER ENHANCEMENT.
These times have created
many employment problems.
A leadership position on a condo or
HOA board may be just the experience
highlight on a resume to standout in a
competitive job market. A board position
might just be the management experience
your career history has lacked. This
benefit coupled with the networking
potential of the other board members
and committee chairs may provide
opportunities not otherwise available.

5

CONDO EDUCATION.
There is a bewildering list of
condominium regulations and
documents. There is no better way to
learn the relevance and meaning of such
documents as the Bylaws, Covenants,
Conditions, & Restrictions (CC&Rs),
Articles of Incorporation (Association),
Operating Rules, Master Deed, and
HOA Declaration. That's not to
mention the financial documents,

6



Condo Media - January 2021

Table of Contents for the Digital Edition of Condo Media - January 2021

Contents
Condo Media - January 2021 - Cover1
Condo Media - January 2021 - Cover2
Condo Media - January 2021 - Contents
Condo Media - January 2021 - 2
Condo Media - January 2021 - 3
Condo Media - January 2021 - 4
Condo Media - January 2021 - 5
Condo Media - January 2021 - 6
Condo Media - January 2021 - 7
Condo Media - January 2021 - 8
Condo Media - January 2021 - 9
Condo Media - January 2021 - 10
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Condo Media - January 2021 - 40
Condo Media - January 2021 - 41
Condo Media - January 2021 - 42
Condo Media - January 2021 - 43
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Condo Media - January 2021 - 45
Condo Media - January 2021 - 46
Condo Media - January 2021 - 47
Condo Media - January 2021 - 48
Condo Media - January 2021 - Cover3
Condo Media - January 2021 - Cover4
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