I just joined the board
New to the board? Start with what you’re inheriting.
New directors inherit decisions they didn’t make, and exposure that built up before their term.
In your first 90 days
- Ask for the documents: the reserve study, the budget, the insurance policies, the management and vendor contracts, and recent minutes.
- Look at the property, or have it looked at by someone independent.
- Ask whether reserves are adequate for what is coming, not just what the balance is.
- Read what the management and vendor contracts commit the association to.
- Choose the two or three largest exposures and start there.
What usually goes wrong
- Assuming someone is already watching the whole picture.
- Trying to fix everything at once.
- Deciding from memory instead of from the record.
Read the full guide
How your own independent data changes it.
What you inherited
Without it: Whatever the last board remembers.
With it: A scored picture of reserves, contracts, records, and compliance.
Where to start
Without it: Wherever the loudest owner points.
With it: The largest exposures, ranked by severity.
Your record
Without it: Decisions without the information behind them.
With it: A board-ready report you can reference if a decision is challenged.
Where to start.
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Start here
Risk Pulse
Free, 4 minutes
Eighteen questions, answerable from memory. Your first reading across physical, financial, operational, and governance risk, with your top risk driver.
See Risk Pulse -
Governance & Reserve Risk Review
Scoped on a consultation
Reserve adequacy, contracts, board records, and compliance posture, scored and ranked into a prioritized action plan.
See Governance & Reserve Risk Review
Talk it through with someone no contractor pays.
In 20 minutes we’ll look at your situation and tell you plainly where to start.