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The Corporate Transparency Act: 6 things board members need to know
Although there are mixed opinions about whether the CTA applies to condo and HOAs, FirstService Residential is proactively assisting board members serving condo and HOAs in understanding and navigating this act. -
Don’t Be the HOA Bad Guy: 4 Proven Policy Enforcement Tips
Enforcing HOA policies is nobody’s cup of tea, but having good policy enforcement in place helps improve the resident experience and elevates your reputation. Follow these 4 principles for healthy policy enforcement: -
Avoiding Community Conflict: Best HOA Practices for Dispute Resolution
How do you prevent conflict, avoid costly litigation and maintain a great resident experience in your community? Start by adopting these best practices for dispute resolution. -
Before Creating a New HOA Policy, Ask These 5 Questions
Great policies can help your association run smoothly, enhance the resident experience and improve your reputation. Here are five questions to ask before creating a new HOA policy. -
5 Surprising Reasons to Raise Your HOA Assessments
If your main concern is to avoid increasing assessments, you may want to reconsider. As a board member, one of your primary fiduciary responsibilities is to protect property values, and assessments are an investment that helps do just that. -
Don’t Be the HOA Bad Guy: 4 Proven Policy Enforcement Tips
Enforcing HOA policies is nobody’s cup of tea, but having good policy enforcement in place helps improve the resident experience and elevates your reputation. Follow these 4 principles for healthy policy enforcement: -
Reserve Funds: HOA Budgeting Tips to Improve Your Returns
Are you getting the best returns on your reserve funds? Most Arizona board members aren't sure. Find out six ways to improve your association's reserve fund returns, like creating an HOA investment policy. -
Reserve Funds, Assessment, or Loan: 3 Ways to Pay for a Capital Improvement Fee
Great capital improvements lead to better property values. Read on to see the three ways to pay for them and the pros and cons for each. -
3 Strategies to Keep HOA Assessments Stable and Add Value
There are often valid reasons to raise assessments, but in some cases, you may want to take a different route. Here are three cost-saving strategies. -
Smart Financial Planning
Safeguarding a strata corporation’s operating and reserve funds is one of the main fiduciary duties of all board members, not just the treasurer. This means strata councils must protect the financial interests of the strata corporation and its members. -
Before Creating a New HOA Policy, Ask These 5 Questions
Great policies can help your association run smoothly, enhance the resident experience and improve your reputation. Here are five questions to ask before creating a new HOA policy. -
Investing HOA Reserve Funds: 6 Tips to Improve Your Returns
Are you getting the best returns on your reserve funds? Most California board members are not sure. Here are six ways to improve your reserve fund returns and create an HOA investment policy. -
Reserve Funds, Assessment or Loan: 3 Ways to Pay for Capital Improvements
Strategic capital improvements lead to better property values. Read on to see the three ways to pay for them and their pros and cons. -
3 Strategies to Keep HOA Assessments Stable and Add Value
There are often good reasons to raise assessments, but in some cases, you may be able to take a different route. Here are three strategies to help save your HOA money and keep assessments stable. -
HOA Legislation: Protecting your community
More than 85% of officials in state legislatures are up for re-election this year. So what does that mean to you as a board member or resident in a condo or homeowners’ association (HOA)? And how does this affect HOA law? There are a variety of initiatives on the table across the nation that will significantly impact community associations. In this article, we’ll take a look at what those issues are – and most importantly, how you can impact HOA law. -
Four ways to fund an HOA capital improvement project
Living in a residential community means around-the-clock routine maintenance to preserve the community and its assets. But there comes a time when one of your assets will reach the end of its useful life and require a replacement or significant repairs. -
Capital improvements vs repairs and maintenance: 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. -
Hiring a reserve study company: Five things to know
In our guide to capital improvements , reserve studies and their relationship to capital improvements and preventive maintenance were discussed at length. -
HOA lawsuit: Why community associations get sued and what to do if it happens to you
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. -
12 to-do’s for ultimate HOA landscaping maintenance
A good spring-cleaning can do wonders for your community association. Here are some tips to get your started. -
How to Get Rid of Millipedes and How to Prevent Their Invasion
Ah, Florida nights. Perfect temperatures. And...a disgusting mass of undulating insects climbing up the side of your building? Learn how to get rid of millipedes. -
Can You Go After HOA Owners for Their Guests’ Damages?
Every community can expect to experience negligent or careless guests who will either cause a ruckus, or worse, damage association property. When that happens, deciding who should be held responsible for their actions can create a delicate – and potentially volatile – situation. Oftentimes, Boards may go after the owner, but they shouldn’t forge full-steam ahead without some sort of ammunition. -
Estoppel Certificates: 7 Myths and the Real Facts
Estoppel certificates are a critical part of any real estate transaction and can be confusing. What's included, how are they created, what does it all mean? Learn more here. -
Five Ways to Get Ready for a Pool Inspection
A pool inspection can be a major source of anxiety for board members and residents. Don't throw in the towel; there are steps you can take to make sure your inspection goes...well, swimmingly.