Cardinal Property Management Blog

Wednesday, July 6, 2022

Prepare for Inflation’s Effect on Your HOA or Condo Budget
For the past two decades, inflation has had little effect on budgets at HOAs and condominium associations. The inflation rates as measured by the Consumer Price Index (CPI) have fluctuated but only mildly. This past year, all that has changed with the prices for virtually everything going up at a significant rate. The effect of inflation ...

Thursday, November 17, 2011

What is a Community or Homeowner's Association and Who is in Charge of It?
  by Farrah Esquer, CCAM, CMCA, AMS, PCAM, President A community or homeowner’s association is a common interest development comprised of a common area such as landscape areas, pool areas, and other recreational components that each homeowner or member shares an interest in.  Each member of the Association is required to p...

Thursday, October 27, 2011

Why do I need to pay assessments and what happens if I don’t?
By Farrah Esquer, CCAM, CMCA, AMS, PCAM, President As a member of a homeowner’s association, also known as a common interest development or community association, you are bound by the Association’s governing documents to pay assessments.  Assessments are established by the Board of Directors to assist the corporation in ...