PROGRAMS & SPEAKERS
Concurrent Sessions 10:00 am - 11:30 am
Fannie Mae Ineligible List, Lender Questionnaires & Corporate Transparency Act
The Federal Government's Ongoing Interest in Condominium Governance
Find out how federal regulations, agencies and legislators are impacting condominium lending, financing, ownership, and governance.
Fannie Mae Ineligible List
- What is the list’s significance and impact.
- How to find out if your association is on the list.
- Steps for getting on and off the list.
Lender Questionnaires
- - How to answer considering the Fannie Mae Ineligible List.
- - Ensuring compliance to facilitate lending.
- - The role and responsibility of boards and managers.
Corporate Transparence Act (CTA)
- - New regulatory requirements for condominium boards.
- - Filing requirements, process, and deadline.
- - Implications for associations and management companies
Gain valuable insights and practical strategies to navigate these new federal regulations, ensuring smoother processes and adherence to legal requirements.
Speaker:
Managing the Evolving Insurance Market:
How to be an Informed Buyer & Community Advocate
Insurance renewals continue to see larger than normal increases stemming from several facotrs. Understand market pressure -- where it is coming from, why it is happening and where it is trending. Discover how board members can prepare and protect the community from major market changes.
- Understand what is driving insurance market changes.
- Discover the characteristics of those communities being affected.
- Find out how to plan for the insurance renewals
Better understand the dynamics of the market, use data and past performance to help make an educated decision for the future.
Speakers:
Joanmarie Berry, CLCS
Association Reserve Studies, Funding & Assessments
Part 1
Preparing for a Reserve Study:
Best Practices for an Accurate Reserve Study
Reducing the amount of guesswork and estimation of existing and past conditions will improve accuracy of the future in your reserve study. Understand the importance of record keeping for all aspects of association operations and capital repairs, and discover best practices for creating a more sustainable financial future.
In addition, find out how reserve fund studies can incorporate both safety and preventive maintenance needs as outlined in the 2023 Reserve Study Standards report published by the Foundation for Community Association Research.
The program will offer guidance in the following areas to help associations prepare more accurate reserve studies.
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Maintaining Association History
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Defining Quality Level of Construction
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Information Formatting and Record Keeping
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Updating Reserve Studies
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Overview of the 2023 Reserve Study Standards
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Speaker:
Part 2
Evaluating Assessments:
Understanding Association Budgets in Today's Financial Climate
Associations face complex financial decisions and all too often, opposition to assessment increases. As insurance premiums skyrocket, mandates force communities to save, and costs generally increase, many owners demand that assessments be set as low as possible.
Find out how to ensure that assessments are right-sized and align expenditures with the actual costs of maintaining and operating the property. And discover how to convince owners of a budget plan that puts the association on a financial prudent course.
Speakers will address:
- The legal, technical, financial, and social considerations that influence community budgets.
- How to quantify the gap between a current and right-sized assessments.
- How to create and execute an actionable plan to support the chosen course.
Speakers:
Concurrent Sessions 1:00 pm - 2:30 pm
Practical Decarbonization:
Cost Effective Ways to Maximize HVAC Performance
With utility rates rising, corporate sustainability goals, and municipal decarbonization ordinances such as Boston’s Building Emissions Reduction and Disclosure Ordinance (BERDO) looming, associations are asking how buildings can reduce energy expenditures and costs in an economically viable way.
Find out how to enhance HVAC and operational efficiency, leverage financial incentives, mitigate BERDO fines and comply with regulations.
The program will provide an overview on topics including:
- Current utility landscape and future trends.
- Technology innovations from building automation systems to optimization software/services.
- Utility incentives, upgrades, and programs.
Discover practical strategies for achieving energy efficiency and cost savings.
Speaker:
Cameron Rapoport
Board Protection:
Avoiding Litigation and Dealing with Rogues
This program will provide information and recommendations designed to assist boards with identifying situations that could lead to legal claims and conducting their business in a manner that will minimize the likelihood of such claims being filed against them. In addition, the program will provide guidance on how boards can deal with rogues, persons acting independently and inappropriately, whether the rogues be unit owners or members of the board.
Speakers:
Preventative Maintenance Strategies:
Maximize Building Repairs & Budget Dollars
A focus on common building maintenance issues that confront board members and managers and impact community residents and association budgets.
Speakers will address how communities of all sizes can tackle preventative maintenance projects to enhance curb appeal, ensure building safety and increase profitability.
The program will offer realistic and attainable best practices to address maintenance including:
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- Building Repairs and Project Phasing
- Substrate Damage and Surface Preparation
- Sustainable and Eco-Friendly Options
Speakers:
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