Whether you’re a resident of a small condominium or apartment complex, you must comply with all the rules put in place by the homeowner’s association (HOA). Also, all the HOA board members should be aware of the regulations and how to use them correctly....
An HOA’s reserve is an integral part of its financial stability because this fund helps pay for significant repairs and replacements that come up over time. Unfortunately, many HOAs have underfunded reserves, which can cause some big problems down the...
If you are an HOA Board Member, you have a tough job. Your responsibility is to manage the community while also watching out for the bottom line. It can be challenging to balance these two goals, so having a reserve study will help. The reserve study is critical for...
A code of ethics usually referred to as a code of conduct, is much more than a set of rules. The code of conduct of HOA board members explains the key elements you must follow and informs you when you have crossed the line. In addition, it gives a benchmark...
In the United States alone, nearly 74 million residents living in a homeowners’ association. While most of these locations exist in California, Florida, and Texas, there are thriving HOA communities all over America. A homeowners...
Homeowners Association or HOA is an organization that provides rules and regulations for homeowners. The association also maintains the property values of a neighborhood. To afford these maintenance services, there are Homeowner’s Association dues. HOA managers...
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