Every homeowners association should have a comprehensive insurance policy for unexpected troubles. Unfortunately, not all HOA boards are familiar with HOA community insurance. What to Consider When Getting HOA Community Insurance One of the challenges HOA boards must manage is what kind of insurance that their association has. It is essential to maintain coverage…
Holidays can become complicated when deciding how to balance decorating the outside of homes within your community while still adhering to HOA regulations. Put up holiday decorations in HOA communities the right way by following a few simple tips. Managing Holiday Decorations in HOA The end of the year is a very fun time…
Since the end of the year is now approaching, HOAs need to ensure that they have completed all their required tasks to successfully close out the fiscal year and end-of-year strategic planning. When considering what tasks need to be completed, it is helpful to have an HOA year end checklist. This is to make sure…
Dealing with difficult homeowners is inevitable for board members of an HOA. It is just part of the job. Every community will face conflict and have its fair share of difficult people. A key part of your job as a board member is to keep the peace and diffuse any difficult situations as they arise.…
Much like a business, a functioning community incurs costs and earns revenue. As such, it’s important to set up HOA accounting standards to maintain accurate financial reporting. Now, accounting can be quite stressful for community managers to navigate. With so much money going in and out, sometimes on a daily basis, it can be a…
The main function of a homeowners association is to maintain the community. Keeping everything in good condition is a tough task, though, particularly if you have no idea where to start. This is where an HOA maintenance checklist comes in handy. Key Components of a Successful HOA Maintenance Checklist As communities age, it is…
In many ways, a homeowners association is comparable to a business, and the HOA board heads it. The board handles a wide range of duties such as overseeing repairs, maintaining common areas, and managing monetary funds. In addition to this, there are certain HOA legal responsibilities to keep in mind. As a board member, you…
A key function of the HOA board is to maintain the well-being of the community. Usually, this entails having to outsource services that the board itself can’t carry out on its own. This can include everything from janitorial services and lawn maintenance to bookkeeping and security. However, with so many vendors available, it’s often difficult…
How much do you know about homeowners insurance services? Most HOA board members understand that they need insurance, but many do not know the specifics of insurance. You may have many questions about insurance. What type of insurance does the HOA need? How extensive should the coverage be? How do you get HOA insurance? In…
Every community, no matter the size, requires a set of governing laws to function properly. Without rules, nations would collapse. A homeowners association is no exception. HOA rules and regulations allow the community to operate without a hitch. They are guidelines that act as the standard by which homeowners must abide. Whether you’re a homeowner…