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TABLE OF CONTENTS

2014 BOARD OF DIRECTORS

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12 16 20 24 25 28 31 38 40 43 44 46 50 53 54 57

A Letter from CAI Leadership — Cheryl Murphy

List of Advertisers

Game of Homes: Maintaining the Realm — Martin Stone

Keeping the Kingdom United: Understanding the Relationship between Master and Underlying Associations — Sir Lancelot, Common Interest Staff Writer

The Changing of the Guard: How to Transition to a New Management Company with Less Bloodshed — Jessica Towles

Safeguarding the Castle: Providing Security to Your Association — Dave S. Pack

Member Spotlight

Who Is The Fairest In the Land? Creating and Enforcing Fair Rules and Regulations — Angela Heldman

The Royal Council of Board Members: Understanding the Individual Board Member Roles — Pedro Cuerva

CAI Illinois 2014 Summer Cruise

Illinois Legislative Updates Feasting at the Round Table: Owners’ Participation in Community — Sue Engers

Professional Designation Recognition

The Game of Nutrients: Keeping Your Pond’s Empire in Order — Sarah Zink and April Fleischauer

Avoid Jousting with the IRS: an Overview of Association Income Taxation — Cyndi Rempert

The Keeper of the Coin — Mark Stelter

The Illinois Chapter of CAI Recognizes it’s First DCAL Recipients Industry News

Deluxe Classified Advertising 4 | COMMON INTEREST® A Publication of CAI-Illinois Chapter

President Kerry T. Bartell President Elect

Thomas Engblom, CMCA®

PCAM® Vice President

Diana R. Larson, AMS®

Treasurer Tim Haviland

Secretary Jerry McNamara

Directors

Lara Anderson, Esq. Annette Byrd, CMCA®

Julio Chinea Mark Chmura Mindy Maggio

Carol Marcou, CMCA® Cathy Ryan, CMCA® Jessica Towles, CMCA®

, AMS® , AMS®

Chapter Executive Director Cheryl Murphy

Assistant Director and Office Manager Diana Lane

MEMBERSHIP, ADVERTISING & EDITORIAL INQUIRIES Community Associations Institute Illinois Chapter 1821 Walden Office Square, Suite 100 Schaumburg, IL 60173 (847) 301-7505 (847) 301-7507 (Fax) cai@cai-illinois.org www.cai-illinois.org

PUBLICATION MANAGEMENT/ GRAPHIC DESIGN INQUIRIES & REPRINT

Custom Direct, Inc. 715 E. Irving Park Road Roselle, IL 60172 (630) 529-1936 (630) 529-6072 (Fax) info@customdirect.com www.customdirect.com

All material herein is copyrighted. No part of the Publication may be reproduced whatsoever without written consent from CAI Illinois Chapter/Common Interest. Acceptance of advertising in the magazine does not constitute an endorsement by CAI Illinois Chapter or its officers of the advertised products or services. Advertisers assume liability for all content of advertisements printed, and also assume personal liability for any claims arising there from against the publisher relating to advertising content. The publisher reserves the right to reject advertising that they deem inappropriate for the publication.

, AMS® , PCAM® , PCAM® , PCAM® , PCAM® , PCAM® , AMS® ,

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