Community Association Manager Licensing Will Become A Reality

more+
less-
more+
less-

The Community Association Manager Licensing Act was adopted in August, 2009. Consistent with State requirements for licenses, the Department of Business and Professional Regulation, with the assistance of the Community Association Manager Licensing Board, has begun the process of publishing regulations for the licensing program. All managers must have a license within one (1) year after the licensing rules become final. Based upon the current timetable, managers will have to obtain a license by August 31, 2012, or shortly thereafter.

Members of the Community Association industry must keep in mind the intent of this new law, which is to ensure that those who hold themselves out as possessing professional qualifications, to engage in community management services, are in fact qualified to render those services. The law has been designed to provide for the maintenance of high standards of professional conduct by those who manage community associations and hold community association funds.

Originally published in COMMON INTEREST® • Fall 2011.

Please see full Article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Topics:  Community Associations, Licenses, Managers

Published In: General Business Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Levenfeld Pearlstein | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »