You’re the President of the HOA board in your community and you’re wise enough to know that you’re in way over your head - but you like a challenge and you’re ready to meet it head on. You’ve read your governing documents and know how to keep a basic balance sheet, but that doesn’t mean you understand the CC&Rs or know the difference between the operating and reserve budgets.
Halloween is a kid’s delight. It’s a blast to dress up in costumes, go trick-or-treating, attend parties and most of all, eat a lot of candy. At the same time, Halloween can be scary for parents. Costumes can be dangerous, too much candy can be sickening and walking around at night can be risky, even in your homeowners association community.Read More >>
Common-interest communities are becoming a popular way of living. They are housing developments made up of individually owned units and share facilities or common areas (such as roads, clubhouse, pool, etc.). “Community association” is a generic term that encompasses many names used around the world to describe common-interest housing. A few examples include:Read More >>
Tax season is here and we all want to deduct every last penny we can find. If you’re a member of a homeowners association, have you ever considered whether or not the HOA fees you pay are tax deductible? Every HOA is different, so you’ll want to find out what applies to your specific Association.
How is your homeowner's association doing? Is everything running easily and smoothly? Do you have interested members at each HOA board meeting? Is your reserve fund fully funded? What would you do if you were faced with a lawsuit or an unexpected project? If you answered no to any of these questions or don’t know the answer at all, below are 5 reasons you should consider hiring an HOA manager this year.
During the holiday season many homeowners association members plan festivities with friends and loved ones. With all of the merriment that’s sure to ensue, it’s important that the HOA board reminds residents who are hosting celebrations to not only be considerate of their neighbors, but also take note of the Association’s rules.
As Thanksgiving approaches many of us have many things to be grateful for. Volunteering as an HOA board member of your homeowners association is sometimes a thankless job -- but there are a few things you can be grateful for. Your HOA does good things for the community and makes it a better place to live.Read More >>
The New Year is here. As an HOA Board, this may be a good time to consider making resolutions that will help to make it a great year for your homeowners association. These commitments don't have to be profound and they are generally things you should be doing anyway, but it's always good to go back and review things while keeping an eye out for what might be coming your way.
How much does your HOA board know about the community associations industry? Learn some basic facts and numbers, and what they mean for the members of your HOA board and Association community.Read More >>
It seems like the majority of news stories involving homeowners associations these days are negative. You often read about disputes between neighbors, lawsuits, refusal to pay fees, or rules not being followed as outlined in the Covenants, Conditions & Restrictions (CC&Rs) and Bylaws. While the governing documents serve the purpose of keeping the Association running smoothly – and are legally binding rules and regulations that each homeowner agrees to when they purchase a home in the Association – are their times when the rules can be bent? In the case of 6 year-old Ella Schultz the answer is yes!