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Common Interest Developments: Managing Condominium Association Properties - CID201

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Gain an edge in the competitive industry of common interest developments (CIDs) - including residential and office condominiums, co-ops, and planned unit developments. This course focuses specifically on the unique and complex challenges of managing in the CID market, one of the fastest growing segments in real estate management today.

What you will learn:

  • Relationship Management. Evolution of common interest developments, common needs vs. individual rights, declarant/developer transition to management, owner and manager duties and responsibilities, working with boards, motivating volunteers and employees  
  • Governance.  Governing documents, the hierarchy of documents, amending documents, parliamentary procedure, meeting processes (agendas, minutes, etc.), enforcement issues    
  • Financials. Accounting, budgeting, financial reports, reserve studies, special assessments, loans and collecting assessments
  • Maintenance and Risk Management. Creating a maintenance and risk management plan, types of maintenance, property inspections, risk management, emergency and disaster planning, insurance, inventory and suppliers, working with contractors, maintenance systems, conservation and recycling, environmental issues

Click here to review the learning objectives of CID201.

If you are taking this course to earn the ARM certification, check out the ARM Track to meet the full ARM requirements for ethics, education, and exam. 

CAM License Update: If you are seeking an IREM course to fulfill the education requirement for obtaining the CAM license, the course you must register for is Community Association Management (COM201). As of May 2014, the CID201 course does not fulfill the education requirement for the Illinois CAM license.

Related Readings: To order, click here.

Order Now! Community Associations: A Guide to Successful Management
Stephen R. Barber, CPM and Vickie Gaskill, CPM, ARM, MPM

This is not only a must-have educational resource guide for managers of common interest developments, but it also provides solid advice and guidelines for individual members of association.  Use this book to:

        • Learn about the evolution of common interest developments, the different association types, and how to work with boards and members.
        • Learn how to establish successful communications between all parties.
        • Address everyday challenges of community association management and to deal with them effectively.
        • Eliminate any question as to exactly what your management fee should be.
        • Utilize marketing and communications strategies to build your management business.
        • Establish or improve your accounting, staffing and maintenance practices.

Order #793
Price: $47.95 Member Price; $59.95 Regular Price

Online course materials are available for 6 months after the course registration.

Cancellation Policy

Member Price: $615.00
Regular Price: $770.00


 

Open Enrollment
Self-Paced Online - info

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