Board Meetings: Virtual or In-Person?
After a year and a half of virtual meetings, many HOA boards are going back to in-person now that COVID-19 vaccines are widely available. In October, many meetings will involve homeowners as well, as the fall is a common time for board elections. If you’re on the fence about whether your meetings should be held […]
Vendor Checklist
When selecting a vendor or contractor, it is critical to use due diligence and have a process in place for making these selections. By having a thorough process, you will satisfy your obligation as a board member while also protecting from potential liability. When evaluating vendors or contractors for selection, there are some key pointers […]
Low Interest Rates and Your HOA Loans
One of the silver linings from the pandemic’s impact on the economy are the historically low interest rates. Due to concerns about the stability of the economy, most financial institutions have adjusted their traditional credit evaluation and standards. Because of the relatively low interest rates, now could be a good time for community associations to […]
Online Meetings Tips – Never Miss a Meeting
Whether you are out of town our out of commission, you can keep tabs on association board meetings by tuning in online. Online meeting tools (Skype, GoToMeeting, Google Hangouts) allow board members to hear each other through microphones and speakers, and to see each other through video cameras regardless of where everyone is located. […]
Creating Successful Annual Meetings
For some Board members, the annual meeting can be a source of anxiety. And for many community associations, the annual meeting has become the collective wasteland for complaints, critiques and requests from residents. The first step in creating constructive and beneficial annual meetings is understanding the definition and primary purpose of it. Definition & Function […]
The Three “P’s” of Decision Making
When it comes to the decision-making process, Board members should check the three P’s. Policy. Practice. Precedence. No matter how large the decision or how small the conversation, Board members should be methodical and intentional throughout their discourse. Policy – this is the easy one. When making decisions, responding to homeowner requests and issues, applying, […]