HOA capital contribution: An in-depth guide

In the fast-paced world of property management, hiring and developing service-focused associates is paramount to serving our communities. At FirstService Residential, our success is built on our commitment to providing training and development opportunities, an inclusive work culture, and lifelong careers for our associates.

When living in a community, whether a suburban neighborhood, a vacation destination, or a retirement haven, you'll likely encounter terms like HOA and POA. These acronyms, standing for Homeowners Association (HOA) and Property Owners Association (POA), play vital roles in shaping the quality of life and property values in residential areas.

Homeowner Associations (HOAs) are common in many neighborhoods, and they play a crucial role in maintaining property values community aesthetics, and resolving disputes. While HOAs offer numerous benefits, they also come with certain obligations and restrictions that may not be appealing to everyone.

Homeowners Associations, or HOAs, have become a ubiquitous presence in communities across the United States. With their neatly manicured lawns, consistent architectural designs, and communal amenities, HOAs offer numerous advantages to residents. But what makes these communities tick, and how do they maintain their order?

Homeowners' Association (HOA) living has become increasingly popular in recent years. It offers numerous benefits, including well-maintained common areas, enhanced property values, and a sense of community.

Every association board is primarily responsible for preserving, protecting, and maintaining the association's assets. That requires careful financial management, which is where your board treasurer comes in.

When a property transitions from developer control, it typically means that the developer, who initially owned and managed the property, is transferring ownership or control of the property to another entity, such as a homeowners association (HOA), property management company, or individual property owners. The specific process and outcomes of this transition can vary depending on the type of property, its purpose, and the governing documents in place.

Becoming a board member is a great way to engage with your neighbors and create positive changes in your community. But sometimes, new volunteers have little to no experience and must learn the community's rules, the board’s responsibilities and the demands of their roles as they go

Homeowner's associations (HOAs) have many responsibilities that can be difficult to keep up with. One of the main ones is selecting community association insurance. HOA’s should carefully consider the type and extent of coverage they purchase from an insurance provider. The right policy can help protect your investment while minimizing risk.

Creating and executing a comprehensive building maintenance plan for your high-rise community should be a top priority for your board and property management company.

The most wonderful time of the year? Or is it? When your calendar is packed with events, parties, charity drives, decorating and more, your property management team can help with some of the holiday tasks in your community.

Owning a home in a community association carries both advantages and obligations. Many individuals find a reassuring sense of structure and harmony in residing within a neighborhood overseen by a Homeowners Association (HOA). However, this structured way of life typically entails a collection of guidelines and regulations known as the HOA bylaws.