Info Bytes 08.04.22
CIC Info Bytes are frequent, succinct updates that provide educational and engagement opportunities to help your community thrive!
The Latest
DON'T. FIGHT. THE. FED.
What’s your APR?
Four week T-Bills currently yield 2.15%
Earning less? Something’s wrong!
Interest rate risk is real… BEWARE of locking your funds into securities that end up underwater!
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.
UPDATED! Disclosure & Record Inspection
Has your reasonable request for records been denied?
Many states have relatively straightforward disclosure requirements.
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:
CIC State Statute Database Project
We need YOUR help to create a comprehensive CIC state statute database
Please email us if you're interested !
+++ 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.
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