Stories, tips and insights into property management, accounting and community
There has been a recent trend in large jury verdicts related to pool usage, causing significant injuries. For this reason, high excess limits are desirable. Most slips, trips, and falls are preventable, making proactive safety measures is the responsible choice to make. Read on to learn more.
Read MoreAccording to the Census Bureau, roughly 64% of U.S. households have responded to the 2020 census as of August 14, 2020. As the agency follows up with nonrespondents until September 30, homeowners associations can play an important role by allowing access to census takers to count all residents.
Read MoreThe 2020 Hurricane Season is already proving to be disastrous. Therefore, equip your community to respond to anything effectively and efficiently. Condominium Associates is your property management provider here to help you and your HOA prepare for a disaster that is not easy to predict.
Read MoreIt is necessary to understand that construction defects can occur in brand new buildings, renovations, or small projects such as installing new locks throughout an apartment complex. The most significant challenge in dealing with a construction defect is prolonging the time it gets repaired. Read on to learn more.
Read MoreYou may be able to enhance value and save money on budget items you never considered. The even better news? Our professional property management company can help! In some cases, that may mean getting higher value for your money than seeing instant savings. Read on to learn more.
Read MoreSignificant expenses in development occur, and homeowners must cover the costs, one way or another. An HOA commonly maintains a type of savings account called the cash reserves or a reserve account for significant, infrequent, or unexpected common area costs.
Read MoreWhether your association plans for the expense or not, equipment, and other significant components, such as roofs, must be replaced from time to time. This statement is especially true if your HOA offers various amenities, such as pools, playgrounds, and workout facilities. For this reason, your HOA should have reserves to plan for the unexpected.
Read MoreHow should your HOA community handle major construction projects? No matter how new or impressive your community property is, you will have to deal with major construction projects over the course of its life.
Read MoreAt Condominium Associates, we are sensitive to the needs of all our community members. To protect the association, here is a list of legal obligations a community has when it comes to hoarders.
Read MoreWhether the community is a condominium, homeowners association, or cooperative, the owner or shareholder will always be responsible for certain maintenance items within the home. In some instances, the Board can exercise control over such responsibilities. Still, there are many areas where the ability to influence owner behavior is limited. Read on to learn more.
Read MoreAt Condominium Associates, we are serious about going green. While being environmentally conscious is trendy--and we like to be trendsetters--we also know the money-saving power attached to green initiatives.
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