Elkridge Crossing Condominium Townhome II, Inc – 2024 Annual Meeting
Elkridge Crossing Condominium Townhome II, Inc – 2024 Annual Meeting via Zoom Time: March 18, 2025, 07:30 PM Eastern Time (US and Canada) Duration: Approximately 90 minutes
To help us address everyone appropriately, we kindly ask that you update your display name to reflect your real name if you haven’t already (e.g., change “iPhone” to your name).
Pay the Master HOA and Sub-Association on the Resident Portal with only one email/password. To switch between the two associations, follow the steps below for either mobile or desktop. Click images below to enlarge
Reserve Study – Download the report here (completed 11/17/2022)
If the governing body of a homeowners association has not had a reserve study conducted on or after October 1, 2018, the governing body shall have a reserve study conducted on or before October 1, 2023, and an updated reserve study at least every 5 years thereafter.
Each reserve study required under this section shall:
(1) Be prepared by a person who:
(i) Has prepared at least 30 reserve studies within the prior 3 calendar years;
(ii) Has participated in the preparation of at least 30 reserve studies within the prior 3 calendar years while employed by a firm that prepares reserve studies;
(iii) Holds a current license from the State Board of Architects or the State Board for Professional Engineers; or
(iv) Is currently designated as a reserve specialist by the Community Association Institute or as a professional reserve analyst by the Association of Professional Reserve Analysts
Funding requirements: If the most recent reserve study is your initial study, you have 3 fiscal years following the year in which the study was completed to attain the annual funding level set forth in the study.
Call for Nominations for the Board of Directors The Elkridge Crossing Condominium Townhome II, Inc. Board of Directors is seeking qualified and enthusiastic residents to serve on the Board for the upcoming term.
What does it mean to be on the Board of Directors?
Contribute to the community: Board members play a vital role in maintaining and enhancing our community.
Make important decisions: You’ll help make decisions on matters such as:
Community Rules and Regulations: Ensuring they are fair and consistently enforced.
Community Budget: Overseeing the financial health of the HOA.
Property Maintenance: Planning and overseeing necessary repairs and improvements.
Community Events: Organizing and supporting social events for residents.
Represent the interests of residents: Advocate for the needs and concerns of all community members.
Qualifications:
Must own and reside in a unit in EC Condo TH II and must be in good standing with the HOA.
Willingness to attend regular board meetings (typically monthly).
Strong communication and interpersonal skills.
Ability to work collaboratively with other board members and residents.
Nominate Another Resident: If you know someone who would be a valuable addition to the Board, please encourage them to self-nominate.
For more information, contact Tim Dadourian by text or email. We encourage all interested residents to consider serving on the Board of Directors. Your involvement is crucial to maintaining a thriving and enjoyable community for all.
We are pleased to continue to offer Resident Web Access, where you can access your account, manage AutoPay and make payments online. By creating your account, you are opting-out of paper coupon books via mail. To create your account, go to https://maryland.twa.rentmanager.com and follow these steps:
On the Login screen, click sign up
Enter your account number and pin (located in your letter)
Enter your email address (this will be your Username)
Click sign up
Go to your email account for the account finalization email
Click the finalize link in the email
Create a Password
Confirm the Password
Click verify
Enter your Username and Password to login
While logged into Resident Web Access, click the tabs at the top of the page to:
View your open charges and transaction history
Manage payment information and make a payment
Opt into free credit reporting
Understanding the dues increase
The recent passage of Maryland legislation mandating reserve studies for all HOAs underscores the importance of adequate funding for future repairs. This law was enacted in response to tragic incidents, such as the collapse of a Florida condominium, which highlighted the dire consequences of insufficient reserves. This tragedy serves as a stark reminder of the unexpected expenses that can arise within a community. By maintaining adequate reserves, the HOA aims to mitigate the financial burden of future repairs and protect the long-term value of the community.
The goal is to avoid a special assessment, as they can be a red flag for lenders, as they indicate that the homeowner may be facing financial difficulties or that the property may require costly repairs. However, each lender has its own specific guidelines, and some may be more lenient than others.
