Fiduciary duties ensures that HOA finances are managed properly, decisions are made fairly, and governing documents are followed. Homeowners associations (HOA) manage approximately 74 million
Imagine this, you live in a quiet, well-maintained community. You’re part of a homeowners association where things once ran smoothly. However, recently you’ve started noticing
Homeowners associations (HOAs) are prevalent everywhere and play a key role in shaping the quality of life, protecting property values, handling fiduciary duties, and making
In the United States, the Foundation for Community Association Research says that nearly 74 million people live in communities that are governed by Homeowners Associations
The Homeowners Association (HOA) president plays an important leadership role, often overseeing day-to-day operations and serving as a liaison between the board of directors and
Running a homeowners association (HOA) is a big undertaking and involves a lot of moving parts. That is why many associations employ the help of
One of the defining characteristics of a homeowners association (HOA) is that it is run by a Board of Directors. Comprised of residents from within
As a general rule, somewhere from between five percent and 12 percent of your total HOA assessments will go to your professional management company. One
Running a homeowners association (HOA) is a significant undertaking, especially if your community has a large membership or multiple amenities. From handling maintenance to finances
The board of directors for the HOA is faced with making countless decisions and acting in the best interest of all homeowners and the community
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