By Darlys Walker

Published March 28, 2018  

So let’s look at having the opposite problem. Yes, it’s true that many of the South Florida communities have excess funds. (Just as a side note, I say, FUND YOUR RESERVES!) But what about those communities whose Board of Directors are adamant that fees are “not going up on my watch”, refuse to budget properly for the actual expenses knowing they won’t be able to pay all the operational expenses and choose to offset this deficit by borrowing from reserves. As a Management Firm, this scenario is far too common and although we advise boards that this cannot be done per FL-718, many choose to move forward. We recommend discussing the matter with legal counsel, but many ignore professional advice and borrow from the reserves. So who is going to take the heat from the DPBR should complaints be filed or even litigation initiated?

As a professional Management Firm, we find it important to document these types of conversations, to ensure that the board understands the risks they are taking and the possible outcome that could occur. So my question is, does your association properly budget or do you take the measures to keep the monthly assessments as low as possible?

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Darlys Walker, Founder and CEO of Condominium Concepts Management, Inc. (CCM), is recognized for her straight talk, subject matter expertise, and valued insights regarding real  

state management, leasing, and HOAs. Her company serves a diverse portfolio of properties, from 16-units up to 600 as well as large mixed-use developments.  


   From its beginnings in 2000, CCM has become a well-respected asset manager and now works with over 100 associations with 16,000 units served by over 300 employees. Darlys and her team deliver resources and responsiveness through six regional offices - in Orlando, Miami, Jacksonville, Charleston, Nashville and Atlanta.


   Darlys Walker is best known for her passion and precision, understanding that the only difference that matters in today's demanding marketplace is service delivery ... doing what is promised and what is right. She knows that every community serves two masters ... the property owner/developer and the resident/homeowner. "If we are not equally responsive to both, we are not doing our job," she states.  


   Her clients say it best: "Darlys really knows her stuff" ... "at the top of her profession and it shows in the caliber of her clients" ... "delivers quality resources that match up well with needs and expectations that are really rigorous."  


   She is a licensed Real Estate Broker in four states, holds an Associate's Degree in Marketing and has earned the Accredited Real Estate Manager designation from the Georgia Institute of Real Estate Management. Also she is one of few certified as a Lead-Based Paint Abatement & Removal Trainer in Georgia.


   Darlys Walker and her team have been selected to manage the condominium conversion process and day-to-day operations for many of the Southeast's most high-profile condominium communities including luxury high-rises, mid-rises and garden-style homes. Most recently she has been recognized as an expert in 're-versions' of communities from condominiums to leased homes, as well as repositioning projects. A visionary and a tireless perfectionist, Darlys demonstrates hands-on leadership, working individually with each client and staff associate to achieve defined business outcomes and satisfaction.  


  For more information about Darlys Walker and Condominium Concepts Management, Inc. please visit

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