ARE ASSOCIATIONS AND LCAMS CAUGHT IN THE MIDDLE?

By Darlys Walker

Published November 30, 2016

 

Speaking purely from experience, HUDís recent statement causes me great concern for various reasons. Let me present a scenario for considerationÖ..

 

Harmony Homeowners Association has amended documents stating ďNO Convicted Felons, May Lease or Purchase a Home in the Community.Ē The board and CAM go the extra mile to ensure EVERYONE is vetted exactly the same, and makes NO exceptions. HUD issues their statement and fearful of legal ramification the BOARD STOPS all vetting, no approval procedure required! Lester the Molester purchases a home and moves in. Years go by without incident. But alas, old dogs return to old tricks. Fortunately Lester is quickly apprehended and convicted, but sadly, the victim is scarred for life. The victimís attorney files suit against the association, against the LCAM and LCAM firm. The claim is, there was a procedure in place which would have identified Lester and prevented him from moving in so now both parties will spend a tremendous amount of money to defend this lawsuit only to have the insurance carriers settle for some astronomical amount of money.

    

Think this canít happen? Think again. Iím all for HUD protecting the public, but this seems to be taking it way too far!


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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 www.condominiumconcepts.com.


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