HOA News, Advice, and Tips
We hear the term “Due Diligence” used in many different contexts, but what does it mean? According to Merriam Webster, it is the care that a reasonable person exercises to avoid harm to other persons or their property. A common transaction where this term is used is in the purchasing of a home. While many […]
Continue ReadingMembers of an association often have tasks that require more in-depth study by a small group. That’s where a committee comes in. A committee is a body of persons delegated to consider, investigate and take action on tasks that require a small deliberative assembly. Although most homeowners association committees are advisory in their functioning, they […]
Continue ReadingReal estate developers usually create a homeowners association to control the appearance and managing of common areas in the land being developed. Upon selling a preset number of homes in the developed residential subdivision, it is turned over to the homeowners of the subdivision. There comes a time though that this association would need some […]
Continue ReadingA stagnant board of directors slows down the business initiatives of an Association and may cause the Community to lag behind comparable neighborhoods. Overcoming stagnation at an HOA requires establishing more open lines of communication with board members and seeking to identify key problems. Solving those same problems may also
Continue ReadingHomeowner associations (HOAs) provide a wide range of community services that are managed by a Board of Directors. The Board is made up of volunteer homeowners who are elected by the HOA. Serving on the Board requires a huge personal commitment. Because of the dedication, time and energy needed, it’s important more homeowners share in […]
Continue ReadingIn many areas across the United States, community associations are very prominent. However, they cannot be successful without the benefit of volunteers. The members of the board of directors are elected volunteers, committee members are appointed volunteers. It is the efforts of these upstanding citizens volunteering their time and talents that make a community the […]
Continue ReadingCommunity associations today are much more prevalent than in the past. You’ve seen them, you probably live in them or have lived in them, know someone who lives in them or will live in one in the future. So why do community associations survive? Why do they succeed? Why do they continue to be developed? […]
Continue ReadingHomeowner association (HOA) board members can make a difference in their neighborhoods by following these five community management tips: 1. Create a Vision – Board members can provide and seek input regarding what the ideal neighborhood should look like. As the brainstorming continues among board members and residents, a vision will begin to surface and a […]
Continue ReadingWhen living in an Association, planning and funding repairs/replacements can become a headache. Annual reserve studies are essential because when an asset within the Association’s boundaries is in need of repair or replacement, then funds delineated in the reserve study should be available to address the issues in a timely manner. To start with there […]
Continue ReadingEvery new community, whether condominium, cooperative or homeowners association, at some time in its life will go through the process of turning over control of the association from the developer to the owners. The association’s documents typically will detail when turnover must transpire. It may happen when a specified percentage of the homes are sold, […]
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