Sometimes what seems like a simple item on the agenda that will receive an overwhelming vote can end up taking the whole meeting because Board members and homeowners keep hashing out the same issue over and over again.Read More >>
All meetings of the homeowners association Board of Directors are open meetings. Residents are encouraged to observe meetings and read approved minutes. Residents who wish to address the HOA board are welcome to do so during the forum conducted at the beginning of each business meeting.
Here are a few tips for participating:
You’ve sent out the candidate solicitations, you’ve gone through finding members who are willing to serve on your board, printed the ballots, and mailed out a professionally prepared cover letter with two envelopes (postage paid!) – just like your CC&Rs or Bylaws outline. Now you have a new HOA board, right?
Then, someone you’d least expect notifies you, as the Director, that they are disputing the election because your HOA does not have election rules!Read More >>
posted in Reserve Funds
Reserve funds are not an extra expense. They are part of the ongoing expenses of the homeowners association which occur at various points in time. The plan provided by your reserve fund specialist will help you in this process. It's much more preferable that homeowners associations have a plan to set the funds aside now, on a year-by-year basis. By doing this, the Association can spread out the collection of assessments for these expenses more evenly over the coming years.
There are other important reasons that Association monies should be put into reserves every month:
As homes in your homeowners association begin to thaw from the cold months, it’s time to start thinking about preparing your home for spring and summer! The steps you take now can help avoid costly maintenance and repairs later.Read More >>
Social media, for good or bad, is here to stay and has changed the way we communicate. By recognizing the pros, cons, and legal issues of using these platforms for HOA communication and professional branding, you can make these tools work for your HOA rather than against it.
So, your homeowners association is contemplating doing a reserve fund study. Perhaps you are a new HOA and need to establish and start funding the reserves; or, you are an older HOA that has had a reserve for years, but it is time to update it. How many years should your HOA reserve study cover?
Well, it depends. HOA communities vary in size, age and the number and dollar value of the capital assets they own. They choose different maintenance strategies for short-lived and longer-lived capital assets. Let’s explore some of these issues.Read More >>
Power failures can be one of the most annoying and disabling occurrences in your HOA. Whether caused by summer storms, power lines crippled by winter ice, equipment failure, an overloaded regional grid or an animal disrupting a power line, electrical outages can be costly, uncomfortable, and without forethought sometimes even dangerous.
Association homeowners can face many hazards when a power failure occurs, usually without any warning, including losing refrigerated and frozen foods. Some food items can be salvaged, however, if you’re prepared.Read More >>
Common area lighting, pools, club houses, and laundry facilities are just a few areas that a Homeowners Association can find themselves spending lots of Association dollars on quickly. No one likes it when their HOA dues increase so how do you help conserve energy and manage costs?
Energy bills, like the temperature, always rise in the summer. While there are big fixes an Association can incorporate to make common area electricity more energy-efficient, there are also many inexpensive energy solutions, as well as some simple and free steps that you can take to cut down on costs and save money.
As an HOA board member you probably know what a reserve study is and the importance of doing one. If you don’t, take a couple of minutes to read this blog to familiarize yourself with frequently asked questions about doing a reserve study in your homeowners association.