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...
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...
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...
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...
Are you looking to get out of the house this holiday season? Even though there aren’t as many in-person activities due to COVID-19, there are still plenty of fun things to do! Glow Holiday Festival The Glow Holiday Festival is a drive-through holiday light experience...
If your home insurance is something you plan on changing this year, it is important to understand what the HOA’s master policy covers vs what your policy needs to cover. There are two different types of coverages that may be in place within your HOA. WALLS IN The...
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