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Home Owners Association (HOA) Management
Homeowner Association management services specializing in Condos, Single-Family homes, and Townhome communities.
What is a LCAM- LICENSED COMMUNITY ASSOCIATION MANAGER
Community Association Managers, are hired by an associations Board of Directors and work for the Board and the Homeowners. A Licensed Community Association Manager (LCAM) can manage every type of community including condominium associations, homeowner associations, and resort communities. The Board provides the responsibilities within the community as a whole. These individual tasks may vary based on the management agreement and governing documents.
The primary functions of the CAM include presenting financial reports to board members, developing and executing budgets, site inspections, upholding governing rules, dispute resolution, and common area maintenance (Common areas include pools, parks, entrance gates, tennis courts, and other amenities). Various vendors and service providers are contracted and paid by the Management Company to ensure smooth operations.
A CAM is a manager of a Condominium or Homeowners Association (including single-family home subdivisions, townhouses, or mixed-use development). The position is frequently confused with a Property Manager, who deals with individual rental units or a group of rental units, similar to an apartment complex. The Community Manager deals with property owners and homeowners. The state of Florida requires community association managers to hold a license. Performing duties as a CAM without a license is a violation of Florida Statutes.
Community Association Managers oversee and direct all aspects of running the business. Making it mandatory that they have a comprehensive knowledge of the business operation and all applicable laws. This knowledge base is what separates them from the Certified Property Manager and allows them to personally ensure that an entire community operates as efficiently and successfully as possible.