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For board members, special assessments are typically unwelcome necessities. They are primarily needed because reserves have been underfunded and must be supplemented to pay for large capital projects such as replacing roofs or mechanical equipment.

Homeowners' associations (HOAs) play a crucial role in maintaining and enhancing the quality of life within a community. One of the pivotal positions within an HOA is that of a board member. Serving on an HOA board comes with responsibilities, challenges, and opportunities to make a positive impact in the community.

A primer on contracting out paint jobs for common areas.

In this guide, we will cover what HOA special assessments are, how they should be handled, and everything your association should know from costs to avoiding fees.

As an elected board member, you have certain duties and obligations to the homeowners in your community. One of the most important of these is your commitment to protecting the financial health of the homeowners association (HOA). After all, the entire community depends on you to manage its money and keep its operations running smoothly.

Your residents are calling on about water leaks after a snowfall. Could an ice dam on the roof be the culprit?

Congratulations are in order – you’ve just been elected to the board. So now the big question: What’s next?Follow these new board member basics and you’ll soon be governing like a pro.

In this article, we delve into the world of community association management fees, addressing common questions such as how much property management companies charge, the average property management fee, the tax implications of HOA fees as well as the value of hiring a professional management company.