Factors HOA’s Should Consider in Evaluating Need for Professional Management
- Managing Agent
When is it beneficial for a homeowners association to employ professional management? Without regard to issues about a particular manager, or management company, every homeowners association could benefit from professional management services, but often association boards decide to forego the expense thinking that a professional manager is not necessary for their association. In deciding whether or not to employ professional management, association boards of directors should consider the following factors:
Size of the common interest development and the extent of common areas and facilities.
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