HOA Management Blog
An HOA board has three significant roles: to protect, maintain and enhance the Association. Everything the board is responsible for in a homeowners association can be placed into at least one of these three categories.
As a homeowners association member, it’s important to understand that committees are an integral part of the operations of your community. Committee members help keep a community vibrant; and by augmenting paid staff, they can save an association hundreds or even thousands of dollars each year.
If you are a new homeowners association Board member there are a number of things you need to know about the position. This role means you will be making decisions for your Association. As an HOA board member you will be expected to act in the best interests of the Association.
As an HOA Board member, how many times have you heard the excuse “I never got a letter” from a homeowner when attempting to collect fines or notify them about a rule violation? This is a common excuse that homeowners make, and while sometimes it does happen, HOA Board members should know about the Mailbox Rule and best practices they can do to increase the open-rate of letters.
An HOA Reserve Fund is one of the most important things a Board can plan for its association, however, many Board members misunderstand what it is, why it’s needed, or how to get it implemented. Knowing the basics about an HOA reserve fund and the reasons it’s crucial you have one will help set your community up for success.
Pop quiz! Do you understand your HOA fees? If you’re an informed member of your homeowners association, you should pass with flying colors. If you fail, well then, you need to plan a study session to brush up on your HOA knowledge.
