One of the trickiest – and most hotly contested – parts of running an effective HOA is managing finances. This includes determining HOA fees which
There is a lot of work that goes into running an effective HOA, and this often involves calling upon a variety of vendors to tend
Two very common reasons that homeowners associations (HOAs) seek out the services of a property management company are for rules enforcement and collections. A property
Keeping accurate meeting minutes isn’t optional, it’s a requirement. For any formal HOA meetings where quorum is achieved, minutes should be taken. In addition, these
The older a homeowners association is, the more files it accumulates. Storing all of these records can take up a lot of space and require
We like to believe that everyone is fair and honest, but unfortunately fraud and embezzlement can happen when individuals are in charge of or have
When it comes to buying a home, one aspect you don’t want to overlook is the HOA fees. This is important to factor into your
While you may excel at managing your personal budget, planning for an entire HOA community can be more challenging. The expenses are greater, and there
It’s recommended that HOA communities have regular reserve studies—but what happens once your study is complete and the final report is generated? Frankly, it can
One of the biggest concerns many homeowners have when moving into an HOA community is what the cost of dues are. This can vary greatly
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