by Sharper Management | Jan 21, 2021 | Board Members, Sharper News
Goods and services go up over time. Doing an annual maintenance plan and having a reserve study done every few years will help your board understand what should be charged for dues each month to adequately fund your HOA. The other part of the equation is accounting...
by Sharper Management | Jan 14, 2021 | Board Members, Sharper News
A new year is nearly upon us. That means it’s time for HOAs to conduct their annual review of governing documents. As your board takes on this task, there are some key elements to address. Areas to Review in Governing Documents Developer/declarant rights. If your HOA...
by Sharper Management | Jan 8, 2021 | Board Members, Sharper News
Maintenance plans are very important to the value of each owner’s property in an HOA. We first covered this topic in March of 2020 (read here), but it is worth reviewing again as the year draws to a close. An annual plan to address both regular maintenance like fence...
by Sharper Management | Dec 28, 2020 | Board Members, Sharper News
A welcome packet is a nice way to make new families in your HOA feel at home and provide them with handy information about your community. Some ideas regarding items to include are: Welcome letter. It would be expected for a welcome packet to contain a welcome letter...
by Sharper Management | Oct 27, 2020 | Board Members, HOA
As you create your HOA’s 2021 budget, make sure you plan on having more than enough money in both your reserve and operating funds. Having both funds full is important to maintain the upkeep of your community. But what is the difference between operating and...
by Sharper Management | Oct 21, 2020 | Board Members
As a member of your HOA’s board, you have many of duties. The most important of them is fiduciary duty. Fiduciary duty requires board members to stay objective, unselfish, responsible, honest, trustworthy, and efficient. Board members, as stewards of public...
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