Info Bytes 08.04.22
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ISSUE # 43
CIC Info Bytes 08/04/22
CIC Info Bytes are frequent, succinct updates providing educational and engagement opportunities that help your community thrive! Please forward and share this newsletter with your peers, neighbors and colleagues so they can connect and join .
Our goal is to curate content that provides a robust basis for contextual understanding to support practical takeaways for you and your association. This bi-weekly newsletter is packed to the brim. We've done our best to create meaningful section breaks and incorporate engaging visuals. When in doubt, Ctrl + F!
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The Latest
DON'T. FIGHT. THE. FED.
What's your APR?
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Four week T-Bills currently yield 2.15%
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Earning less? Something's wrong!
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Interest rate risk is real… BEWARE of locking your funds into securities that end up underwater!
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Assumed EOY target rate is between 3% and 4%.
Resource Updates
>>> Everything is free to view online!
>>> Subscribers: download new and updated resource material from your ZIP folder access.
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UPDATED! Disclosure & Record Inspection
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Has your reasonable request for records been denied?
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Many states have relatively straightforward disclosure requirements.
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We've published an example demand letter (based on WA State statutes) that you can use to request records from your association. Most communities allow their management company to provide resale certificates, but fail to provide oversight:
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CIC State Statute Database Project
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We need YOUR help to create a comprehensive CIC state statute database
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Please email us if you're interested !
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+++ Have a question that you'd like to ask directly to your peers? Ask YOUR listserv! +++
Homeowners | Volunteer Leaders | Managers & Management Companies | Vendors
A Note About Ukraine
The people of Ukraine are undergoing tremendous displacement from their homes coupled with loss of life, tragedy and suffering. Considering the global landscape can help us gain perspective in our daily lives. CIC Info Bytes readers expressed their support for Ukraine last year. Please voice your own support!