TYPES OF MANAGEMENT

One of the primary duties of a boards of directors is to manage the association. Boards also have the authority to delegate management functions. Following are the three forms of management found in associations:

1. Self-Management. Very small associations frequently use self-management, i.e., the board directly manages the association. Boards will sometimes appoint committees to assist in the management.

2. Management Company. Small and Medium-sized associations will normally employ a management company to handle management functions. This includes assessment collection, property inspections, soliciting bids for board review, correspondence, meeting attendance, etc. 

3. Onsite Management. Large associations will often employ a full-time onsite manager to handle operations. Assessment collection is frequently done by an outside company, but very large associations tend to set up an in-house department for their accounting. More often than not, the general manager is a direct employee of the association. However, some associations prefer that the manager be an employee of a management company.

Updated by ADAMS KESSLER 11/8/2007