With over 50 years combined experience managing community associations, our author experts help you find answers to your questions about ownership of common interest developments and solutions to the problems frequently encountered by community association boards. This comprehensive guide addresses unique aspects of managing community associations—it is a must-have resource whether you are a professional real estate manager with questions about managing condominiums or a volunteer member of a community association board responsible for balancing the individual needs of your fellow owners with those of the association.How do you establish effective communications among all parties? What does it take to ensure that the association board, individual owners, and professional staff work together optimally? What are the best practices for accounting, maintenance, and staffing? How are reserves established? What criteria should your association board consider when selecting a management firm? How do you enforce rules and regulations? What risk management factors must be considered by the property and its owners?Community Associations: A Guide to Successful Management provides insight to these questions and many more. In addition, it includes practical exhibits and checklists as well as a glossary of relevant community association terms, making it an invaluable reference guide for community association owners, board members, and professional managers alike.