The Role of the HOA Management Company
We are often asked about what homeowners perceive to be the responsibility of the home management company. The truth is that contracts vary from one HOA to another, so there is no blanket answer. The duties will be outlined in the Management Agreement and often involve both site and administrative management, but not always. Depening […]
Sharper Management Supports Community Organization Open Arms
Giving back to our community is one of Sharper Management’s most important core values. Each year we choose local charitable organizations to support – it’s just the right thing to do. This year as part of the Sharper Open, an annual golf tournament held in July, we incorporated a charitable component. Recently, our Accounting Manager […]
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 […]
Sharper Management Expands Service in Jordan, MN
Sharper Management, a locally owned, mid-sized property management company located in Eden Prairie, MN has recently been brought to manage the Bridle Creek Townhome Association in Jordan, MN. Sharper Management’s vast experience in both association financial management and community development and expansion were all key factors in the decision to bring Sharper on board. Known […]
How Associations Work – Sharper Management’s Role – A Closer Look
We often are asked about services homeowners perceive to be the responsibility of the management company. In actuality, contracts vary from one HOA to another depending upon the HOA’s budgets and needs. The duties of the management company will be outlined in the Management Agreement and often involve both administrative and site management services, but […]
Getting Ready to Sell in an HOA
Prepping for the sale of your home doesn’t need to be an arduous task. Just like selling any other single-family home, selling your townhouse or condo may require a few interior updates and fixes, but there are also a few simple things that you can do that will go a long way in adding appeal […]
Construction Chat: To Blacktop or Not to Blacktop?
Similar to concrete, your association’s blacktop makes a statement about the community. After the extreme temperatures from this winter, it’s important to include pavement maintenance or replacement on property inspection lists. When reviewing your pavement, look for damage such as potholes, large cracks, and persistent puddles. Potholes and cracks in pavement are a common occurrence […]
A Lesson in the Business Judgement Rule
There are two key legal terms that are often times thrown around but seldom understood in regard to serving on the Board of Directors: responsibilities and protections. As to the former (responsibilities), it is important to understand the concept of Fiduciary Duty. In short and very simplistically, it is the premise that Board members are […]
Understanding Your Governing Documents
After joining a CIC, or Common Interest Community, each member receives governing documents they must follow in respect to how the community and individual units are operated and used. In most cases, governing documents include a declaration, bylaws, articles of incorporation, and rules and regulations. Those documents will describe important administration or financial info like […]
Snow Removal Reminders
It has not been a typical snowy Minnesota winter, yet. However, we would like to take a minute to remind everyone about factors that may come into play during a snow event. Trigger Depth Most HOA contracts will state an accumulation total that must be met before snow removal services will commence. For most places, […]