Homeowners associations go through a lot of repairs and maintenance work. And while it may be tempting to go with an unlicensed professional that offers bargain-basement prices, it is always best to hire a licensed contractor. Why Should Your HOA Hire a Licensed Contractor? Common areas in an HOA community require constant maintenance and…
Running an HOA community is often a challenging task. And, for most HOA boards, it is a task that can’t be accomplished alone. Thankfully, there are a number of companies that offer professional HOA management services. In this article: What Is HOA Management?What Do HOA Management Companies Do?Do You Need an HOA Management Company?The Cost…
How does a property manager differ from an HOA manager? A lot of people — even legislators — use these two terms interchangeably. But, there are differences between these two jobs. In this article: HOA Manager vs Property Manager: Understanding the DifferencesHOA Manager vs Property Manager Job Description: Duties and ResponsibilitiesWho Do HOA Managers…
Before buying a house that belongs in a homeowners association, it is imperative that you first familiarize yourself with how these associations work. After all, living in an HOA community is not for everyone. In this article: What Is a Homeowners Association?Understanding Homeowners Association FeesWhat Are Homeowners Association Rules?The Responsibility of Obtaining InsuranceThe Pros and…
Homeowners association pet restrictions are commonplace in any planned development. But, deciding what pet policies your community should have in place is a little trickier than it might initially seem. In this article: Are Homeowners Association Pet Restrictions Legal?How Pet Restrictions Help the CommunityWhat to Consider for Your HOA Pet PolicyEnforcing HOA Pet RestrictionsCan…
It is best practice for homeowners associations to establish and maintain a reserve fund. But, if you have never encountered the subject, understanding your reserves can be somewhat difficult. When it comes to your reserve fund, it pays to know the HOA reserves rule of thumb. All About HOA Reserves Rule of Thumb Before you…
Reserve studies are an integral part of maintaining a healthy HOA reserve fund, but many associations underestimate just how important it is. Here is what you need to know about your association’s reserves and how a reserve study affects them. In this article: The Purpose of an HOA Reserve FundCreating and Maintaining HOA Reserve…
The homeowners association budget is a major responsibility for the board. Creating an accurate and well-thought-out budget ensures the financial health of your community — not just for the next fiscal year, but for many years to come. For new board members who are not yet familiar with this process, here are HOA budget guidelines…
The coronavirus pandemic has certainly put a stop to most of our holiday plans. But, that doesn’t mean you can’t still enjoy this time with your friends and family. Prepare for a COVID Christmas the right way with these smart ideas. Make the Most of Your COVID Christmas With COVID-19 cases still climbing in the…
Speed bumps are one of the most used measures to slow down traffic on HOA roads. However, not all homeowners are happy to have these traffic-calming devices in their community. If you are still undecided about speed bumps, take the time to learn about their pros and cons, as well as speed bump regulations that…