Top Questions and Answers from the 2023 HOA/Condo

Welcome to our latest blog post, where we’ll be sharing the top questions and answers from the 2023 Virtual HOA/Condo Academy #3. As a team, we attended this event and gathered valuable insights that we believe will be beneficial for anyone interested in the property management industry. In this post, we’ll be presenting the most popular questions asked during the event and providing detailed answers to each one. So, let’s dive right into it and get started!


Welcome to our review of the 2023 Virtual HOA/Condo Academy Class #3 created by the Mulcahy Law Firm, P.C. We attended this informative session where Beth Mulcahy, Esq. was the featured speaker. As board members in HOAs or condominiums, it’s crucial to know your responsibilities and duties. This academy offered valuable insights into various board issues and ethical concerns. In this article, we will provide you with some of the top questions and answers that were discussed in this session.

What Are the Key Topics Covered in Class #3 of the Virtual HOA/Condo Academy?

Here are the topics covered in Class #3 of the Virtual HOA/Condo Academy:

  1. Board Members’ Duties and Responsibilities: Beth Mulcahy explained how important it is to understand your role as a board member. She highlighted some of the key responsibilities, including fiduciary duties, maintenance responsibilities, and financial management.
  2. Management Company Regulation: In Arizona, management companies are not currently regulated. However, in some states, they do have regulations. Beth Mulcahy pointed out that it’s essential to do your research and find a reputable management company.
  3. Annual Meetings: Annual meetings are required by law and are essential for keeping the association functioning properly. Beth Mulcahy provided helpful tips for conducting these meetings, including how to properly notice meetings and conduct proper voting.
  4. Emergencies: Emergencies are inevitable, so it’s crucial to have a plan in place. Beth Mulcahy discussed how to create an emergency plan and how to execute it during a crisis.
  5. Ethical Concerns: Board members have a responsibility to act in the best interest of the community and follow ethical principles. Beth Mulcahy provided some valuable insights on ethical concerns, such as conflicts of interest.

Links and Cheat Sheets Provided by Mulcahy Law Firm:

Mulcahy Law Firm provided links and cheat sheets covering these topics, which were incredibly helpful in understanding the legal aspects of board membership.

What Did We Learn from the 2023 Virtual HOA/Condo Academy Class #3?

As we attended the Virtual HOA/Condo Academy Class #3, we learned some valuable lessons. For instance:

  • Board members need to take responsibility and educate new members to ensure the association’s proper functioning.
  • It’s essential to follow the guidelines and ethical principles as a board member.
  • Conducting annual meetings, having an emergency plan in place, and following proper voting protocols are crucial.
  • Finding a reputable management company is important for the association’s smooth operations.
  • Keeping up-to-date with changing laws and regulations is essential.

Upcoming Events:

If you missed Class #3 of the Virtual HOA/Condo Academy, don’t worry. You can still attend the upcoming events – the First Friday Free Call-In and Class #4 of the Virtual HOA/Condo Academy. The Mulcahy Law Firm works hard to provide valuable insights and educational opportunities to HOA and condominium board members. So, stay tuned for upcoming events!


In conclusion, attending the Virtual HOA/Condo Academy Class #3 was a great opportunity for us to learn and gain valuable insights into board issues and ethical concerns. We hope that the top questions and answers discussed in this session were helpful to you. Remember, being a board member is a crucial responsibility, and we must take it seriously while following ethical principles.


    1. What is the Virtual HOA/Condo Academy?
      The Virtual HOA/Condo Academy is an educational program designed for HOA and condominium board members to gain knowledge and insights into various board issues and ethical concerns.
    2. Who conducts the Virtual HOA/Condo Academy?
      Mulcahy Law Firm, P.C. conducts the Virtual HOA/Condo Academy.
    3. Are management companies regulated in all states?
      No, management companies are not regulated in all states. However, some states have regulations in place.
    4. Is it necessary to attend the First Friday Free Call-In?
      Attending the First Friday Free Call-In can provide valuable insights into various HOA and condominium board issues. It’s an excellent opportunity to learn and interact with experts.
    5. What is the importance of ethical principles for board members?
      As board members, it’s our responsibility to act in the best interest of the community we serve. Following ethical principles is necessary to ensure that our actions are in line with the community’s positive growth and development.

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