Association Essentials
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Association Essentials is a multi-part series, created by our firm, designed to empower homeowner, townhouse, condominium and related association Board Members with the knowledge, skills, tools and relationships to effectively lead their organizations.
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As we navigate the novel Coronavirus (COVID-19), we invite you to utilize these best practices resources as you continue to lead your Associations.
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UPCOMING SEMINARS
Tuesday, June 2, 2020 - Virtual Association Essentials Q&A
As part of the ongoing Association Essentials series, Billings Law Firm will be hosting a FREE Virtual Association Essentials Question-and-Answer session. During this session, you'll have the opportunity to ask questions about the issues and concerns currently facing your association, from COVID-19 to collections to budgeting, and any issue in between. In order to accommodate varied schedules, we will be hosting TWO sessions on June 2nd: 1) Afternoon session (12:00 pm to 1:00 pm), 2)Evening session (6:00 pm to 7:00 pm).
Get the meeting link details!
October 2020 (Date TBA) - Association Essentials
Location: Indiana Weslyan University, Lexington Education & Conference Center
Please contact us to be added to the email list for notification of future dates and topics.
Reproduction or communication of the content on this website, including files downloadable from this website, without the permission of the copyright owner is strictly prohibited.
2019 Seminar Resources
SEPTEMBER 21st SEMINAR: Laying the Foundation: Recordkeeping and More
Our September dug into decision making, running meetings, and record keeping. This seminar focused on giving board members the tools to effectively make and record decisions. Understanding your Association’s record keeping process is important for every board member, and this seminar provided the tools necessary to do so. In addition, we addressed the Kentucky Supreme Court’s recent decision in Helmsley v. Gadd, which provides guidance on short term rentals in deed restricted communities.
Review the September PowerPoint presentation & materials:
Review the September PowerPoint presentation & materials:
MARCH 23rd SEMINAR: Laying the Foundation: Establishing a Solid Footing on Financials
Our March session broke ground by digging into financial and accounting issues. We focused on giving board members a basic understanding of accounting principles and processes and of critical financial documents such as a Balance Sheet, Income Statement, and A/R Report. Understanding your Association’s financials is important for every board member, even for those without a financial background.
Review the March PowerPoint presentation:
Review the March PowerPoint presentation:
2018 Seminar Resources
SEPTEMBER 22nd SEMINAR: ER Visit - Evaluating Risk, Reasonableness & Readiness
Our September session helped Associations develop emergency preparedness plans to proactively navigate critical circumstances to: Evaluate Risk - What could happen?; Evaluate Reasonableness - Implementing sound judgment.; Evaluate Readiness - How to prepare? During our Judges Q&A we queried two sitting Fayette Co. judges regarding various HOA related topics.
Review the September PowerPoint presentation:
MARCH 24th SEMINAR: Annual Check-up: Is Your Association Healthy?
Our March 2018 session addressed what healthy Associations look like, helped you evaluate the health of your Association, and identified steps to improve your Association's overall health.
Review the March PowerPoint presentation:
2017 Seminar Resources
SEPTEMBER 23rd SEMINAR: Board Transitions, Budgets & Emergency Plans
Our third and final Association Essentials seminar for 2017 focused on three topics: Board Transitions, including best practices for elections, annual meetings, and transitioning operations from outgoing to new board members and officers. Budgeting which covered strategies and processes to develop a budget and set dues amounts to strengthen your Association’s financial position. And finally, Emergency planning to provide your Board the tools to develop an emergency preparedness plan to use for unexpected or unfortunate events.
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Review the September PowerPoint presentations:
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Sample Documents & Policies:
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JUNE 24th SEMINAR: Covenant Enforcement, Policies & Compliance
Our second Association Essentials seminar focused on Covenant Enforcement, including strategies, practices and procedures to understand and respond to violations of restrictive covenants.
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Review the June PowerPoint presentation:
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Sample Documents & Policies:
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MARCH 25th SEMINAR: Board Best Practices & Collections
Our first Association Essentials seminar focused on two important Association aspects: Board Best Practices & Collections. Best Practices addressed information about Board communications, decision-making, running effective meetings, minutes and records, and outcomes. Collections included strategies, processes, and procedures to improve the payment of dues and assessments, the life-blood of all Associations.
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Review the March PowerPoint presentations:
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Sample Documents & Policies:
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BLF has experience representing more than 90 homeowner, townhouse, condominium and related associations in Central Kentucky. Our proven processes have aided these Associations in various areas including implementing policies & procedures, litigation alternatives, conflict resolution, streamlining member communications and improving collections.
All Association Essentials content is Copyright © Billings Law Firm, PLLC 2018
Reproduction or communication of the content on this website, including files downloadable from this website, without the permission of the copyright owner is strictly prohibited.
Reproduction or communication of the content on this website, including files downloadable from this website, without the permission of the copyright owner is strictly prohibited.
