For many homeowners, living in a community run by a homeowners association (HOA) brings certain expectations — well-maintained common areas, […]
ADDRESSING INSUFFICIENT RESERVES: WHAT HOMEOWNERS NEED TO KNOW Read More »
Homeowners associations must conduct periodic reserve studies in order to have a realistic estimate of the costs of repairing and
“Red Flags” that Signal Potential Reserve Account Problems Read More »
Rising Homeowners Association (HOA) fees have become a significant concern for many communities, with increases often outpacing inflation and placing
Navigating Rising HOA Fees: Strategies for Financial Stability Read More »
As nonprofit corporations, homeowner’s associations must establish budgets each year so that the revenue received by the association is sufficient
A New Year Brings New HOA Budgets Read More »
Homeowners associations frequently encounter situations where they have not maintained sufficient funds in reserve for necessary repairs or replacements of
Managing and understanding the finances of a homeowners’ association is one of the most important responsibilities of the association’s board
Homeowners and Management Personnel Must Understand Their Association’s Finances Read More »
The use of homeowners association reserve funds is a topic of much confusion and controversy within homeowners associations. Because of
Understanding the Proper Use of Homeowners Association Reserve Funds Read More »
Because they rely heavily on volunteer homeowners with varying background experience and limited time that is devoted to providing services
7 Steps HOA Boards Can Take to Minimize the Risk of Fraud & Embezzlement Read More »
Homeowners and property owners’ associations throughout the United States have been put on notice by the events that occurred earlier
HOAs Beware: Inadequate Reserves + Deferred Maintenance = Big Problems Read More »
State laws and/or association governing documents typically mandate an HOA reserve study be prepared for funding the future replacement of
14 Warning Signs that Signal Homeowners Association Reserve Problems Read More »
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