The HOA board as a whole is responsible for the financial health of your homeowners association. However, there are specific duties of the HOA treasurer that must happen to protect the HOA’s assets. Your governing documents—as well as state laws—will specify these exact duties. They can be overwhelming, so most HOA boards will use the…
How To Handle Electric Cars In HOA Community
Electric cars in HOA neighborhoods are not a common sight, at least not today. That said, it’s never too early to prepare for electric vehicles in HOA community properties. HOA electric cars also mean having HOA charging stations, but is your association ready for them? Read on for the finer details on everything from charging…
How Should Your Association Handle Condo Short-Term Rentals?
Home-sharing has become very popular with the advent of websites like Airbnb, HomeAway, and VRBO. Travelers find short term rentals in condominiums a cheaper alternative to hotels, while owners enjoy an additional source of income. However, this arrangement can lead to conflicts — particularly if the condo is run by an association or management company….
HOA Social Media Policy: What Rules To Enforce?
Social media can be a valuable communication tool for HOAs. But, you need to adopt a strict HOA social media policy to keep members in check and avoid potential liability. Steps for Determining Your HOA Social Media Policy Technology has certainly come a long way since the Internet first came to light. Gone are…
Maintaining Gyms In An HOA During COVID-19
One of the most common homeowners association problems this pandemic is whether or not to reopen amenities — specifically gyms. But, maintaining gyms in an HOA during these trying times can be tricky without proper preparation. Should You Open Gyms in an HOA During COVID-19? That’s the million-dollar question, for which nobody has a…
An Overview of HOA Officers Job Descriptions, Duties, And Responsibilities
If you’ve just been elected to your HOA’s board of directors, it can be an exciting and overwhelming experience. You might be slightly familiar with what happens, but you still worry about carrying out all of your HOA roles and responsibilities. The road to success, though, begins with a comprehensive understanding of your HOA officers…
An HOA Accounting Guide For HOA Board Members
Accounting is arguably one of the most challenging aspects of managing an HOA community. Yet, HOA accounting remains an integral part of your job as an HOA board member. The Importance of Proper HOA Accounting A homeowners association functions in very much the same way as any business organization. Though it doesn’t exist to earn…
Investing HOA Reserve Funds The Right Way
Investing HOA reserve funds is an interesting decision that could set up an association for financial growth. However, any HOA reserve funds investment policy carries its share of risks. Investing HOA Reserve Funds: Yay or Nay? Any investment decisions should be made carefully and with proper authority. This is especially important when making decisions…
What Makes A Good HOA Board Member? Secrets to Success
Homeowners associations should have good board members sitting at the helm. After all, board members are the ones who make decisions for the community. But, what makes a good HOA board member exactly? Want to Know What Makes a Good HOA Board Member? Board members are responsible for making important decisions that can affect the…
HOA Dog Rules And Policies Every Dog Owner Should Know About
Pets are now considered an integral part of the family. It’s only right for homeowners associations to welcome pets into their communities. If you’re a pet-friendly association, you likely already know the importance of having rules for homeowners with furry companions. For those who have yet to develop a clear policy, here are HOA dog…
