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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.

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).

Enhance your community by putting more play in your community - learn more about how to put a park or playground in your neighborhood.

Community members join committees because they want to make a difference. That’s great, but sometimes, as they say, life gets in the way. Let’s not forget that committee members are all volunteers, which means it might take something a little extra to keep them motivated.

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.

All homeowner and community associations are different from one another, as they are comprised of a collaborative group of board members. Just as associations differ so do the special committees that fall under the association. You can have as many different types of experiences with committees as there are kinds of committees themselves.

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.

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.

Community spirit: that intangible thing that binds associations together. But building it happens in very tangible ways. Best of all, it’s not as daunting as you might think. A tightly knit community can be created by having your association follow just a few simple steps. Let’s go over some of those ideas right here.

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?

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.

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.

Nothing lasts forever…and when it comes time to replace your high-rise roof, community pool or to add new amenities, your association will need to determine how to pay for it. All of these things – significant repairs and replacements, as well as new construction – are considered capital improvements.

If you're tasked with planning property events for your community or condo association, have no fear! Follow these simple steps for a successful event.

Choosing the right community association management company is one of the most important decisions a board will make. Know what you should expect from a qualified service provider!

How well your board communicates has a tremendous impact on your community association. Every board can benefit from these 5 principles.