Search

It’s a term that gets tossed around quite a lot. But “conflict of interest” is a real and genuine threat to your association and its proper stewardship. Understanding what the term means – as well as how to recognize and avoid conflicts of interest– can go a long way toward ensuring the strength and stability of your community and eliminating many concerns.

While exclusive communities like the Hamptons or Malibu will always be attractive locations for affluent vacation home buyers, several new trends are emerging in the growing second home market.

Sooner or later, most community associations face some kind of management change. If your community has a great manager, you probably want them to stay forever. But how realistic is that?

In our guide to capital improvements , reserve studies and their relationship to capital improvements and preventive maintenance were discussed at length.

Your reserve fund is what helps your association anticipate its future– and budget for it, too. This fund gives you the power to maintain the quality of your community by allowing for projects that are both necessary and expensive (like a future roofing or paving project, for instance).

In this article, we delve into the significance of energy conservation within community associations, exploring its benefits and strategies for effective implementation.

It’s that time of year again – budget season is upon us. You know the steps to creating your budget, but what drives your process?

Learn how community members are making a difference in their communities with socially distant celebrations during COVID-19 spring holidays.

Neighborhood Watch programs can provide significant benefits to communities – after all, they boost community awareness, communication and involvement, while reducing opportunities for neighborhood crimes to occur. But if you’re interested in getting started, there are many important factors to consider. Here’s an overview.

Community committees are a great way to involve more residents in the activities of their homeowner association, help ensure the rules and regulations of the association are followed, and help lighten the workload of volunteer board members. Some common committees include beautification, architectural, landscaping and grievance committee. At their best, committees are finely tuned engines for getting things done in your community. When there is a breakdown or discord, they’re agents of confusion, wreaking havoc on progress and operating as the figurative wrecking balls for a few overbearing committee members.

If you’re on the board of a condo, co-op, high-rise or HOA, you know that managing your community’s budget is a major priority. You’ve likely explored many ways to save money and get the best deals, while still maintaining a high level of service.

We’ve got the scoop on how to get a mortgage loan, so read on for our top six tips to increase your chances.

In the past, when planning for emergencies, a global pandemic was likely not on your list. While most board members did not anticipate a pandemic as something that needed a plan before COVID-19, it's now clear that communities need to develop a plan to address this and any future pandemics. Read on to learn how to build a community emergency preparedness plan with a possible resurgence of coronavirus and other potential pandemics in mind.

Chances are, you joined the board at your HOA or condo because you’re extremely passionate about the community and want to improve the experience of the other residents within it. Part of adding value to residents in your community is offering classes and programs for them to participate in to get to know their neighbors and offer opportunities for them to stay happy and healthy. Read on to find some suggestions for great virtual programs for communities like yours.

Congratulations! You just bought a new home and it’s perfect for your family – just the right size, condition, location and neighborhood to meet your needs. Your new home is part of a homeowners’ association (HOA), which means you will pay HOA fees. What is an HOA fee? What do they pay for?

You want your community association to be successful. All board members do. You know that means watching the finances carefully and maintaining the property. But do you think about effective board communication as an ingredient in your recipe for success? It is!

Whether you're on the board of a high-rise or community association. you want to hire a property management company that will provide the best service for their community. What does that really mean?

Congratulations! You just bought a new home and it';s perfect for your family – just the right size and condition and in a location and neighborhood to meet your needs. Your new home is part of a homeowners’ association (HOA), so the landscaping, entrance and common areas always look beautiful and well-maintained.

The chief responsibility of a community association board member is to preserve, protect and enhance the community. That includes, above all else, its financial health. But you can’t affect the financial health of your community if you don’t understand where it is when you join the board. Balance sheets are the best tool for gaining that basic understanding.

Finding a property management company to partner with your board isn’t easy. Find out how we can help you.

Read on for more about how to best complete your next annual association budget, a budget that will enhance your property values and improve your residents’ lives.

Your community or condominium association is there to protect the interests of all of its members. However, there may be situations when one or more residents don’t believe that the association is on their side. Hopefully, everyone involved can come to a reasonable solution, but if you can’t, it’s possible that your association – and even your board members – could become the target of a lawsuit.

You know that your association needs to have the right insurance coverage in place. So you have property coverage, liability insurance, workers’ compensation, directors and officers (D&O) and an umbrella policy in place. Premiums are paid regularly and on time. Did you know that’s not enough?

There's an entire process to creating, implementing, & communicating your association budget. Learn more about how to simplify this process.