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Understanding HOA Reserves and Reserve Studies for Homeowners Associations
One of the most important responsibilities your HOA board of directors faces is effectively planning for major common-area repairs and replacements. Whether a costly expenditure is needed in a few years or 20 years from now, it’s the board’s fiduciary duty to make sure your homeowners association (HOA) has adequate funds when the time comes. That’s where HOA reserves come into play. -
A Smooth HOA Management Transition Starts With Good Communication
Most homeowners associations (HOAs) in Nevada are managed by a community management company. So hiring a new management company is a pretty common occurrence in our state. -
Cyber Security and Your HOA, Part One: How Residents Can Prevent Attacks
Find out what steps residents can take to prevent a cyber attack by reading part one of our three-part series on cyber security. -
Cyber Security and Your HOA, Part Three: Your 4-Step Action Plan
Technology has come a long way over the past decade. Mobile devices now let you pay credit card bills, order takeout, make doctor’s appointments and store personal information in “the cloud” with the touch of a button or a tap on your phone. Nevada homeowners associations are utilizing the latest digital technologies in a big way. -
Cyber Security and Your HOA, Part Two: The Board’s Role in Data Safety
Be honest: As a board member for your homeowners association (HOA), how much do you think about cyber security? More and more, hackers are targeting small businesses – and remember, your HOA is a small business. In part two of this three-part series, we offer tips that your board should take to keep your community safe from hackers. -
Drones and Your Association
You’ve probably seen stories about drones in the news. Or, you might be the owner of a drone yourself. Either way, you know that these unmanned, remote-piloted flight vehicles have come under scrutiny because of safety and privacy concerns. Is there a way your HOA can manage the use of drones in your community? -
Financial Statements 101 – the What, Why and How
Your board took the time to create a solid budget your association can stick to. Now how do you regularly measure your success at doing so? Regularly generated financial statements are the best tool for keeping an eye on the fiscal fitness of your association. -
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 Tips for Managing Your HOA Parking Rules Nevada Boards Should Know
As a Nevada community association, how do you address HOA parking violations? Here are five tips to help you manage your policy. -
Four Elements of Great Community Landscaping
Without a doubt, beautiful landscaping makes life in your community more enjoyable. But did you also know that it can play a crucial role in boosting your community’s reputation in the marketplace, and consequently enhancing property values? -
HOA Policy: Why Consistent Communication Is Key
Learn why effective HOA policy starts with a strong communication plan. -
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: -
Moving from Developer to HOA Control: How a Great Transition Team Can Ensure Success
Transitioning a community from control by the property developer to control by a homeowners association (HOA) can be a scary time for residents and a challenging process for HOA board members. -
Squatter Laws: Getting Rid of Uninvited "Guests"
While some surprises (birthday parties, a promotion or a new puppy) are good, many surprises such as a flat tire or an IRS audit are not. One particularly nasty surprise is finding out that someone has broken into your vacant property and moved in. Thankfully, during the last legislative session, new laws were passed to deal with “squatters” which allow you to (relatively) quickly and legally remove squatters from your property. -
How to Legally Remove Unauthorized Occupant
More and more landlords these days are experiencing a very troubling magic trick: one day their property is empty and the next – ta-da—a squatter. Read up on the Nevada squatters law and learn how to legally remove unauthorized occupants. -
Understanding Your Association’s Covenant Conditions and Restrictions
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. -
What the New Nevada Laws on Marijuana Could Mean for Your HOA
As of January 1, 2018, marijuana sale for recreational use will be legal in Nevada. However, on December 31, 2020, the sales of both medical and recreational marijuana have been made legal throughout America. What, exactly, does the new law mean for your HOA? -
Great Communication: The key to HOA vendor management
Vendor relationships are a large part of serving on the board of a managed community. Every community has outside partners for services like landscaping, sanitation, cable and Internet service, pool maintenance, valet services and more. Open, effective communication with the people who service your community and residents is crucial for maintaining the lifestyle your residents expect and deserve. -
Vetting Vendors: A path to success
Replacing a trusted vendor or finding a new one can be a challenge. How can you have peace of mind that the vendors you’re considering are right for you? Follow the tips below to help screen potential vendors and get the best fit for your association. -
Alternative Amenity Programming for Residential Buildings
Following the temporary closure of fitness centers, interior lounges and other amenity spaces, boards and building owners may want to consider offering alternative programming for residents. -
CoStar-Deluge of Packages Has Apartment Landlords Scrambling for Options
Apartment landlords and property managers are increasingly offering an amenity that’s become a necessity for some tenants, particularly during the holiday season: package delivery management. -
Enforcing Condo and Co-op House Rules the Right Way
How can you ensure that shareholders/unit owners comply with the established rules without your board becoming the "building bad guys"? -
Fast Facts About the Tax Certiorari Process in New York City
Everything you need to know about the tax certiorari process in New York. -
Commercial Observer-Grading Buildings on Energy Consumption
A new law will require residential and commercial buildings to prove their energy efficiency