Why hire a New Jersey Condominium Association Manager?
A professional New Jersey Condo Association Manager can help you comply with fiduciary responsibilities and various aspects of insurance, governance, maintenance, holding proper reserves, rules and enforcement, legal, budgeting, applicable filings, timely communication and contracts:
Hiring a qualified professional community association manager for your New Jersey Condominium Association is a prudent way to make sure these issues are properly addressed. Creation of professionally created reports is important to successful operation of a board.
What Should I Consider when Hiring a New Jersey Community Association Manager?
A strong property management company should help increase sense of community, be responsive to maintenance requests, pursue delinquent association fees and be a positive force for property values.
In New Jersey, condominium association managers and HOA managers do not require a license. The most widely respected designations for community association managers are issued by National Board of Certification for Community Association Managers (NBC-CAM).
Designations include Certified Manager of Community Associations (CMCA) certification through NBC-CAM; Association Management Specialist (AMS), Large-Scale Manager (LSM), and Professional Community Association Manager (PCAM), through CAI. The designation for Community Association Companies is Accredited Association Management Company (AAMC). Designees are tested and are required to undergo continuing education.