HOA News, Advice, and Tips
Renters occupy approximately 4 in 10 homes in suburban America. If your unit is one of those homes—or about to become one—here are a few tips that will help you, your renters, and the association. Talk to the Manager The association manager can give you important information about what the association requires of owners and […]
Continue ReadingThere is an old adage that “all politics are local.” Basically this means that government works best when it works at the grassroots level, and community associations that foster positive relationships with these government officials will find that navigating through government bureaucracy will be a lot easier when you know someone on the inside. The […]
Continue ReadingAs a newly elected Board member, you may not be aware of how the Officers of your Association (President, Vice President, Secretary, Treasurer) are selected and what powers and duties each Officer possesses. Unless your Association’s Articles of Incorporation or By-Laws state otherwise, the California Corporation Code states, “Officers shall be chosen by the Board […]
Continue ReadingGaining a competitive edge in today’s real estate market is vital to homeowners’ equity interests. Owners want to feel secure that the money they invest in their home increases in value. Many communities are a co-op or are age-restricted and, in the case of all HOAs, amendments are made to the governing documents and new legislation […]
Continue ReadingRecently, an association I manage undertook a roof replacement project. After careful consideration of their financial position and the results of a roofing survey, we were able to have the work commence one year in advance of the outlined reserve study target date. Management negotiated a termed payment schedule with the contractor, which avoided the […]
Continue ReadingWhat does 5 Star mean? You can ask 10 different people and receive 10 different answers. For the homeowner and association, it should mean expecting the absolutely highest level of service. And for the vendor and manager, it should mean delivering the finest, the best, the most impressive and unparalleled service. But what does customer service really […]
Continue ReadingReceiving a financial statement on a monthly basis can be one of the most important management tools in helping you oversee your association’s daily operations. The financial information, when complete, will create a road map for ongoing decision making. Finance Committee meetings of the typical association can be intimidating. Many managers and board members alike […]
Continue ReadingRegardless of whether you are located in a high-rise building or one that is less than 75 feet in height, the sound of someone yelling the word “evacuate” or the sounding of an alarm should immediately yield action. What type of action depends upon the preparedness of the occupants and the severity of the situation. […]
Continue ReadingAre you looking for Condo Association Management to help you through difficult times? Difficulties have set in for Condo Associations, and have underscored the need for Professional Condo Association Management. The decline in the Real Estate Market has created problems for condominium associations and homeowner’s associations. As owners and investors have lost their homes to their lenders […]
Continue ReadingThe Community Association is established for the purpose of maintaining the common areas, recreation facilities and, in some cases, the exterior maintenance of each home. This “Purpose” or “Charter” is intended for the general use, benefit and welfare of the owners. The primary goal should be the enhancement of the community’s property values. While it […]
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