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Management Trends
PREVENTING AND AVOIDING LOST INFORMATION...
Data/Record Retention Policies


By Elaine Warga-Murray, CMCA, AMS, PCAM
CEO Managing Partner, Regency Management Group,

In the community association management business, there are special circumstances that set the stage for forgetting and/or losing information. Board members typically change annually and often don’t have working knowledge or access to association documents, contracts, etc. They also may not know where these items are located or know what the information is, or whether it should be preserved. Changing of the association’s management company can complicate matters further, when the transfer of records may or may not be consistent.

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Management Trends
THE YEAR-END REVIEW - HOW DID WE DO??

By Elaine Warga-Murray, CMCA, AMS, PCAM
CEO Managing Partner, Regency Management Group,

Due to the nature of community associations, most boards tend to focus on what is happening now, and then focus on what is happening next. Sometimes things happen so fast that management plans have to be modified a couple times a year! Priorities can change due to sever weather conditions, unexpected repairs needed, or even seasonal infestations. That is why performing a year-end review is so important. Often board memebers need to be reminded of all that has been accomplished so that they can effectively report to the members who elected them.

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Management Trends
THE MANY DEFINITIONS OF “SENIOR”:
How to Accommodate Diverse Association Lifestyles

By Elaine Warga-Murray, CMCA, AMS, PCAM
CEO Managing Partner, Regency Management Group,

We all remember "senior year," "senior partner," "senior member," and "seniority," as positive acknowledgements of our achievements. So when did the term "senior" turn not so wonderful? Somewhere along the last decade or so, even "senior discount" was not especially flattering....I know people who cheer when they "get carded!" Remember when asking to prove you were "old enough" to enter an establishment was annoying? Now, everyone hopes they are asked to prove they are old enough for said discount and are AARP members! Some people won't admit to it!!

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