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CHAPTER 5:
COMMUNITY MANAGEMENT
PARTNERSHIPS
Associations may have the option to self-manage; however, it's a big undertaking and
can be a full-time job. Board members are volunteers, and many have families, careers,
or other interests that can prevent them from properly managing the association. Hiring
a professional management company offers continuity, lightens the board's burden and
liability, and provides peace of mind.
ROLE OF A COMMUNITY MANAGEMENT COMPANY
Many boards contract with a community association management company or a
community manager to fulfill duties they cannot carry out. These companies generally
oversee the association's business affairs and provide support for maintenance,
accounting, and other operational efforts. While it varies by company, association, and
contract, management companies and community association managers can typically
help with various, day-to-day tasks.
