Monday, July 25, 2011

Mara Feldman-Fox to be licensed like a housepet! & Fox Management Group Defaults, OWES OVER $112,000! (#731)

After years of negotiations, the Community Association Manager Licensing and Disciplinary Act will shortly become part of the state's regulatory process and with it, the formal designation of community association managers as "professionals".  (Even those, like Mara, who, IMHO, don't act like it.)
The new law requires those who manage associations of more than 10 units to have a license.
The basic premise of the statute is to require a community association manager to have a license if the manager performs services for compensation. Managers of condominiums, cooperatives, town homes and other residential communities will have to obtain and maintain a license.
The primary qualifications of a manager are that an individual must be at least 21 years old (Mara's more than double that, if not triple...), completed 20 hours of community association management courses and passed one of two specified exams (AFAIK, "nope" to both of those).  
As a concession to experienced managers, those who have performed community association management for a period of five out of the last 10 years are exempt from the initial educational and testing requirement. They simply have to apply for a license.
In the future, all licensed managers will have to fulfill a continuing education requirement, which has yet to be determined.

This is a pity, since I believe Maniac Mara couldn't pass the test if her life depended on it.
However, the next section gives me great hope...

A key provision in the licensing act and proposed rules is the power of the Department of Financial and Professional Regulation's Division of Professional Regulation to suspend or revoke a license for unprofessional conduct by a manager.
Conduct that qualifies for suspension or revocation includes:
  • failure of the manager to comply with the applicable governing documents, as well as the policies and procedures of the client association
  • knowingly misrepresenting material facts or acting in a fraudulent manner; 
  • providing legal advice without being licensed to practice law
  • failing to disclose conflicts of interest
  • and failing to act in a manner consistent with the fiduciary duty of a licensee and to conduct one's self in a professional manner
Hell, I believe I can provide examples, in print, of Mara's committing each of these!
In fact, examples of most of them are already on this blog!

More as this develops...

Speaking of Mara...
Monday's total for Fox Management Group's still-unpaid bill from July, 2008 (almost three years ago!)...$112,906.34 from an original $75! 
They've broken the $112,000 level! Now that the 1% per workday cumulative late fee is over $1110, it's really mounting up, at a rate of $5000+ a week! That's over one hundred and thirty times the amount they originally owed!
It's over 700 (SEVEN HUNDRED) late charges, and now the amount (with late fees) is over 1300 times the original bill...
Isn't that just pitiful?
But then, what can you expect from Mara Feldman-Fox, someone with only a bachelor's degree in accounting and NO other accreditation, whatsoever?
I hope for her sake Mara's better with her library books and DVD rentals! 
But I doubt it... ;-)

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