CAI-NJ October 2025

MANAGEMENT TRENDS... from page 52.

• Representation of Homeowners – Balancing the indi vidual voices of residents with the collective good, ensuring fairness and transparency in every decision. Managers: Stewards of Daily Operations Professional managers, guided by CAI standards, pro vide the operational backbone of the community. Their contributions include: • Administrative Expertise – Managing records, coordi nating meetings, and implementing board directives. • Maintenance and Vendor Oversight – Ensuring that contractors, inspections, and repairs are completed to professional standards, protecting both safety and prop erty values. • Communication and Conflict Resolution – Serving as a bridge between the board and homeowners, addressing concerns promptly, and fostering respectful dialogue. • Compliance and Risk Management – Monitoring regula tory changes, insurance requirements, and safety obliga tions to minimize risks to the association.

community operates smoothly and that residents feel secure in their investment and their lifestyle. Board Members: Guardians of Vision and Policy Board members, elected by their neighbors, are entrusted with fiduciary responsibility. Their duties include: • Governance and Oversight – Setting policy, interpret ing governing documents, and ensuring compliance with state statutes and association bylaws. • Budgeting and Financial Stewardship – Making tough but necessary decisions about assessments, reserves, and investments to preserve both property values and long-term financial health. • Strategic Direction – Looking beyond immediate repairs or disputes to guide the association toward sustainabili ty, community cohesion, and future resilience.

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2023 AUGUST 22 & 23

9:00 AM - 12:00 PM TUESDAY OCTOBER 28 CAI-NJ HEADQUARTERS 500 HARDING ROAD, FREEHOLD, NJ 07728 PREPARE FOR YOUR CMCA EXAM!

FREE FOR CAI-NJ MEMBERS | $199 FOR NON MEMBERS | VISIT WWW.CAINJ.ORG/EDUCATION-EVENTS/

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OCTOBER 2025