How to Handle Pool Slips in Your HOA or COA
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.
HOAs Encourage Responses to the 2020 Census
According 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.
Hurricane Season 2020: Before, During, and After the Storm
The 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.
Construction Defects and How to Avoid Them
It 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.
A Healthy Budget in the Time of COVID-19 Part II
You 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.
Recession-Proof Your HOA from a Maintenance View
Without sufficient funds, how can HOAs complete necessary maintenance in their communities if they didn’t plan? As the U.S. economy gets hit by COVID-19, managers need to use preventative maintenance measures to avoid future issues.
Consequences of Not Having Cash Reserves
Significant 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.
Why Your HOA Needs Reserve Funds
Whether 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.
Handling Major Construction Projects
How 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.
Hoarding and Florida Law
At 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.
Board Influence on Inside Maintenance Responsibilities
Whether 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.
Community Green Initiatives
At 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.