FAQs: What You Need to Know About HOA Annual and Special Meetings
Posted on Monday September 12, 2016
It is not always easy for homeowners to understand the different types of meetings that homeowners’ associations (HOAs) hold. Even for board members, it can sometimes be confusing to know which type of meeting is the right venue for a particular issue or topic. How certain are you that meetings in your community are being run in accordance with Nevada law and your HOA bylaws?
What It Takes to Have Successful HOA Board Meetings
Posted on Wednesday September 07, 2016
As a member of your homeowners’ association (HOA) board, you are certainly aware of how tricky it can be to run board meetings. Some days you may feel more like a cat herder, a referee or a crisis negotiator than a board member!
So what can you do to ensure that your meetings run smoothly? Enlisting the help of a professional community management company can make a tremendous difference. Read on to learn some techniques—and Nevada requirements—for having successful meetings.
How to Find the Best Reserve Study Firm for Your HOA
Posted on Friday August 12, 2016
Your HOA’s reserve fund is an important element in planning for your community’s future. In fact, it may even be the most critical piece of your budgeting, according to Dan Henein, vice president of client accounting at FirstService Residential. Henein explains that “long-term, the reserve study has a tremendous impact on your association’s fiscal health.”
Three Key Positions on Your Nevada HOA Board
Posted on Friday August 05, 2016
Building a great community requires having a board of directors dedicated to enhancing the living experience of your community’s residents. Its primary job is to set policies for your association.
What You and Your HOA Need to Know About Short-Term Rentals
Posted on Friday August 05, 2016
From Las Vegas to Lake Tahoe, Nevada attracts a multitude of tourists and convention attendees. One type of lodging that has gained popularity among visitors is renting a room, a high-rise unit, or an entire house from a homeowner. This may seem like a great way for homeowners to make some extra cash while giving travelers a way to avoid the cost of more expensive hotels. However, there are a number of things to consider before deciding to rent out your home—especially if you belong to an HOA.
Four Factors Shaping Association Living in the Coming Decades
Posted on Thursday August 04, 2016
The Silver State is no stranger to change. And that goes for Nevada homeowners’ associations, too.
The key to navigating changes within HOAs is to anticipate them. That’s why the trade organization, Community Associations Institute (or CAI), brought together a panel of experts to discuss what’s ahead for common-interest communities in Nevada and across the nation. Their findings were featured in the group’s publication, Common Ground, and we’ve put together a summary of what they discovered, along with some key insights of our own.
Understanding Your Association’s CC&Rs
Posted on Thursday July 28, 2016
One of the defining characteristics of HOAs is the use of Covenants, Conditions and Restrictions (CC&Rs). Although you might be familiar with the term, do you know how it really affects Nevada associations? Here’s a look at what they mean to you and how they affect you as a member of your community.
Four Questions to Ask When Selecting Your Community Banking and Insurance Programs
Posted on Tuesday July 26, 2016
As a board member for an HOA in Nevada, you know that financial stewardship is the foundation of good community management. You might think that revolves around smart budgeting and planning, and you’d be partially right. But strong finances are also the result of implementing smart banking programs and purchasing the right insurance coverage.
Tips for Hiring the Best Community Management Company
Posted on Friday July 22, 2016
The help of a good community management company can make a world of difference for you and your fellow board members. But finding the company that best fits your association’s needs can sometimes present a challenge.