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  • Hurricane Plans and Policies: Reduce Your Association’s Risk

    Hurricanes can bring tremendous physical destruction and financial ruin to a community association unless policies are put into place to prepare for the storms before they arrive, and to deal with the consequences afterwards. Every board whose association could possibly be impacted by a hurricane must have a hurricane preparedness policy to help maximize safety, minimize risk and ultimately, protect its operating budget too. And just as important as having a policy is communicating the policy to your residents.
  • The basics of HOA pool insurance: what you need to know

    Swimming pools are one of the most common, and most desirable, amenities in communities. Making sure to have proper community pool insurance coverage.
  • Keeping HOA and Condo Common Areas Clean During the Coronavirus Pandemic

    During these unprecedented times, residents are spending the majority of their time at home to prevent the spread of COVID-19 and protect themselves and their loved ones from infection. One of their primary contact points with the outside world is in your HOA or condo common areas, where they can be at risk of contact with lingering coronavirus or even spread existing virus to other areas of the property. Read on for a comprehensive list of places to clean and how to clean them.
  • Maintenance and Repairs vs. Capital Improvements – What’s the Difference?

    Maintaining your buildings’ assets is not a one-size-fits-all proposition. The common areas require a broad range of routine maintenance and repairs to keep them looking good and operating smoothly.
  • Managing Active Adult Communities in the Boomer Era

    Today's Baby Boomers are prompting some active adult communities to re-examine how to remain relevant, appealing and responsive to residents' needs, according to Michael Mendillo, president of FirstService Residential's Mid-Atlantic division, and Robert Misurel, director of Planning & Development for the company's Lifestyle Division.
  • News You Can Use: Flash Flood Safety Tips to Keep Your Family Safe

    In many parts of the country, flash flood watches and/or flash flood warnings are often issued during torrential downpours, especially in hurricane-prone and/or low-lying areas.
  • When a Natural Disaster Strikes, Is Your Association Covered?

    Hurricanes. Floods. Tornadoes. Hail. Wildfires. Lightning strikes. Earthquakes. Blizzards. Mother Nature has quite the arsenal to throw at us! Unfortunately, every part of North America is subject to one or more of these events. Some, like hurricanes, come with enough advance warning to prepare for them, but most do not. That’s why it is critical to the financial health of your community association to have the proper insurance coverage in place.
  • 9 tips about board of directors conflicts of interest

    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.
  • FirstService Residential Executive Discusses Offbeat Second Home Investment Locations and Trends

    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.
  • Power Outages and Blackouts - How Your Association Can Minimize Risk

    Losing power is never fun. But it’s bound to happen at some point, so preparation is the best defense. Obviously, different types of communities are affected by blackouts in different critical ways: high-rises lose their elevators and water; resort-style gated communities lose the ability to operate their gates. For residents, a blackout may be a short-term nuisance. For a community association, it can be a major headache in terms of risk management, safety and potential equipment damage that can provide an unwelcome shock to your budget.
  • Promoting Fire Safety in Your Community Association

    Part of your job as a board member is ensuring the safety of residents in your community association. To that end, it’s important to educate homeowners about possible fire risks and the steps they can take to prevent fire hazards in their homes. Chances are that fire safety isn’t top of mind for residents. However, home fires are more common than most people realize.
  • 5 Steps to the Best Reserve Study Firm

    In our guide to capital improvements , reserve studies and their relationship to capital improvements and preventive maintenance were discussed at length.
  • Seven Tips to Finding a Reserve Study Firm

    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).
  • Simple Landscaping Tips To Help You Prepare for Storm Season

    For most of us, storm season means prepping our residences to mitigate potential damage caused by high winds and heavy rains. But there’s a part of our homes and neighborhoods we often overlook – sometimes with disastrous results. That often-forgotten place is right outside your front door: it’s your landscaping.
  • Six Ways Active Adult Communities Are Completely Different Now

    The Baby Boomers have been a transformational generation, to say the least. Born between 1946 and 1964, Boomers are known as the healthiest and most educated of any American generation in history.
  • Slow and Steady: 5 Surprising Benefits of Raising Dues

    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?
  • The Surprising Way to Stretch Your Association's Dollars

    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.
  • Three Things to Remember About Life with Your Aging Parent

    As our parents age, we are fortunate to enjoy an ever-evolving relationship with them. With time comes perspective, and with that perspective comes a new way for adults to relate with their parents.
  • Tips for getting a mortgage

    We’ve got the scoop on how to get a mortgage loan, so read on for our top six tips to increase your chances.
  • Ways to Keep Your Community Safe During Tornado Season

    Tornadoes are fearsome because of their unpredictable nature. Although there are certain weather conditions that make tornadoes more likely, such as severe summer thunderstorms, tornadoes can also be created by snowstorms and blizzards. They can strike at any time of year and almost any place, even forming on the water and moving onto land.
  • Updating Your Community Emergency Preparedness Plan for Pandemics

    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.
  • Virtual Programs for Healthy and Happy Active Lifestyle Communities

    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.
  • What is an HOA fee? And what do HOA fees cover?

    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?
Showing 73 - 96 of 403