Predictably, confusion and suspicion leads to confrontation with the developer. And confrontation too often leads to lawyer jousting. Much grief can be avoided by using a knowledgeable homeowner association management consultant from the get-go. For example, management consultants craft real life budgets that take into consideration normal operations and long term reserve needs. Consultants also advise developers on ways to reduce monthly assessments by using different materials or finishes in the construction.
Lower assessments make the homes more salable and at a higher price.
Reduce Conflict of Interest. By using an outside consultant, the developer avoids an inherent conflict of interest that comes from a desire to keep assessments low to make sale prices more attractive. Use Attorney Specialists. Like most areas of law, homeowner association law is a specialty. Typically, there are only a handful of attorneys that are actively engaged in it.