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  • Written by Sharlene Rhea, CMCA®, AMS®, LSM®, PCAM® Managing expectations – HOA Board members, homeowners, contractors, co-workers and our employer.  All of that to handle in an average 9-5 day work day – whew!  Does anyone have an eight hour day anymore? It seems that long gone is the days…

    Disputes, as much as they are uncomfortable and inconvent, are inevitable amongst homeowners. It is, therefore, important for HOAs to put in place a HOA dispute resolution plan that they can refer to and enforce in a consistent manner when a dispute arises. This article will explore how to develop…

      An HOA special assessment is a fee that is charged to each housing unit within a development, to be used to cover an unexpected expense or other short-term occurrences. Special assessments are charged separately from your HOA fees, and they usually arise due to a shortfall in the reserves…

  • By statute, an HOA's board of directors has the right to hold private meetings, called executive sessions, to discuss privileged information and private concerns. These meetings are highly rule-governed, and becoming acquainted with those rules will help you navigate this sensitive area of HOAs with poise and confidence. Attendance In…

    When you're an HOA board member, you hold a great deal of responsibility for your association in your hands. You want to be sure that you're handling that responsibility correctly--and avoiding conflicts of interest is one of the key ways to make that happen. Thankfully, it is possible to allow…

    To us, the benefits of homeowners associations are easy to see in the communities where they serve. Now you may think you know all about community associations. So, let's find out. This post will describe what is (and the purpose of) a community association and you might just learn a…

  • When you think about becoming an owner of property within an HOA, you might wonder about HOA governance, what roles does an owner play? You may wonder if an HOA property is right for you. Rest assured, it is, and we have the following four reasons why. Representative democracy in…

    Real Estate developers create a legal corporation known as a Homeowner's Association (HOA) when they are ready to manage and sell the homes they built for residential communities. Each such corporation needs HOA governing documents to enforce the rules for homeowners. So, what kind of documents are we talking about?…

      There are three main methods of accounting that HOA management companies use. These are GAAP accounting (accrual accounting), cash-based accounting and modified accounting. As an HOA board member, it is important to have an understanding of the three methods that are used, their effects on financial reporting and the…

  • Three kinds of community associations exist, and it is important to know the differences between them when buying a home.  Each one has to do with a particular type of property ownership.  The United States has more than 350,000 community associations. This means that 40 million American households live within…

    We all love shopping for locally-sourced goods, and I am certainly no exception. As a major “foodie,” you can count on me dunking myself in SPF 50 and heading to the local farmer’s market on the weekends so that I can squeeze different fruits and vegetables to pretend I know…

    Many homeowners don't understand the purpose of a homeowners association. In fact, they may balk outright at the idea of having to pay someone to tell them what they're supposed to do with their house! Others, however, come down strongly in favor of the hoa rules and regulations put in…