I understand the confusion regarding the board member certification courses. The provisions added last year for condominium board members certification requires a four-hour course with instruction on the following topics:

• Milestone inspections
• Structural integrity reserve study
• Elections
• Recordkeeping
• Financial literacy and transparency
• Levying fines
• Notice and meeting requirements

The HOA statute does not specify the number of hours but does address the course subject matter which includes:

• Financial literacy and transparency
• Recordkeeping
• Levying fines
• Notice and meeting requirements

I know many providers are combining all the courses and teaching it for everyone, condominiums, cooperatives and HOA’s in one setting.

I do not think that is the best way to do the training. We decided to do two separate courses, one specifically for condominiums and one specifically for HOAs. Our condominium course is four hours. Our HOA course runs about two hours. Both have been approved by the Division.

We offer each course once a month on separate Saturday mornings. I have also applied for a correspondence course version and an online version and should have those approved soon. We will also do the one hour of legal update for condominium board members and the four hours required for HOA board members continuing education for associations with fewer than 2,500 units and the eight-hour program for HOA board members continuing education for associations with 2,500 parcels or more. More to follow on these additions once we receive clarification from the Division.

I hope this helps clear up this issue for you. Let me know if you have any questions.

The Corporate Transparency Act is intended to provide law enforcement with beneficial ownership information for the purpose of detecting, preventing and punishing terrorism, money laundering and other misconduct through business entities.

All corporations were supposed to file the Beneficial Ownership Form with the agency by December 21,2024. That has been extended and also delayed by court cases. At the current time the filing requirement is on hold because of the latest court case. Once this is all settled, we will send an update on the requirements.

Grays Systems now offers website development for all community association. Check our website for details.

Respectfully,

Fred and Suzanne Gray and the Team at Gray Systems, Inc.