Stories, tips and insights into property management, accounting and community
1099s for HOAs are often overlooked in the mad dash to wrap up the fiscal year, so make sure you have your 1099-MISC tax forms in view as you prep your contractor payments. Ideally, this procedure should be done by the end of the year, before April's tax season.
Read MoreIn last week's post, we explored practical tips on how to start an HOA social committee and the social committee roles it occupies. Social committee guidelines also call for a social chairperson, so we will focus on social chair responsibilities this week.
Read MoreGoverning homeowners associations include documents, including the bylaws and the CC&Rs. However, there will come a time when you will need to amend those documents. Continue reading to learn how to change HOA bylaws and CC&Rs.
Read MoreMost states have laws that establish a homeowner's right to inspect HOA documents. Based on the hierarchy, these laws will precede any stipulation you may have in your governing documents. As such, homeowners can request copies of official records for whatever purpose.
Read MoreHOAs are governed by many rules and regulations — to a point where it may confuse board members and homeowners alike. To avoid a misunderstanding, familiarize yourself with the homeowners association documents and which HOA documents take precedence in your community.
Read MoreHere are some tips to help managers and their communities effectively deal with this hectic season and the conflict that often arises.
Read MoreIn every homeowner's association, there will be homeowners who break the rules accidentally or intentionally. That's why HOA boards must take non-compliance seriously.
Read MoreNavigating rentals in a condo association is already hard enough; adding insurance can be maddening. Yet, condo rental insurance is a significant asset every condo rental owner should get.
Read MoreIt's essential to remember that there's a proper way to go about this. The secretary should record HOA meeting minutes for any meeting the HOA board holds. Here, we discuss that and provide you with a helpful HOA meeting minutes template.
Read MoreThe board regularly convenes meetings in homeowners associations to discuss agenda items and vote. It is imperative to take HOA board meeting minutes to record what transpires at these meetings. But what is the process for doing so?
Read MoreHOA rules are rules that members of an HOA community must follow. These rules exist to regulate members' behavior within the association. But, how do you distinguish the unenforceable HOA rules from the enforceable ones? Read on to learn more!
Read MoreHomeowners often have questions or concerns they would like to raise but have no medium to do so in an instant which is why some HOAs are considering online support. But is HOA online support even a good idea?
Read MoreFourth of July is right around the corner, so homeowners associations should take this chance to plan a community-wide event. Some of the perks of association living are getting an invite to exclusive events and forming deep relationships with neighbors.
Read MoreWithin the context of a homeowners association, a resolution is a formal statement created by the board relating to the policies and decisions of the board. It contains information on the purpose of the solution, what action follows, and the board's authority to make that decision. Resolutions validate and support the board's operations.
Read MoreWhile both homeowners insurance and HOA insurance offer protection, they are not the same. The critical difference between these two types of insurance is what they cover. Homeowner insurance typically applies to the property and personal belongings of the homeowner, whereas HOA insurance applies to the property and liability of the homeowners association.
Read MoreA set of board members governs every homeowner's association. While the structure of the HOA board can vary from community to community, the positions more or less remain the same across a majority of them. Generally, the HOA board is headed by the president, followed by the vice president. If you intend to run for the position of vice president, it is imperative to know what the job entails.
Read MoreHurricane season is less than a month away! Do you have a plan? We do. And we're standing by to help keep your HOA safe—before, during, and after a storm.
Read MoreRead to learn about the top home remodeling jobs people are going for this year and why they're so helpful for every homeowner that wants to try them.
Read MoreA homeowners association (HOA) is no better than the board of directors that leads it. The association must develop excellent and willing volunteers for it to be successful. Outstanding board members understand that their position is of service rather than control. They serve their neighbors; they don’t supervise them. A service-forward attitude results in a defenseless perspective, so new ideas and opinions are welcomed and not perceived as insults or threats.
Read MoreA community association manager's role is many. Association managers implement the policies set by the board of directors. They also oversee operations, services, and programs as laid out in the contract with the association. In addition, they provide information and advice to assist board members in their decision-making.
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