Identifying Gaps in Your Community Association Budget
As the year draws to a close, your community association board is likely engaged in drafting the budget for the coming year. Even if you're accustomed to the budgeting process, each year brings new challenges, making it easy to miss out on key financial needs. Overlooking minor expenses might not create major setbacks, as they […]
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Understanding HOA CC&Rs
Homeowners' associations often use the abbreviation "CC&Rs," which might seem mysterious at first. However, these Covenants, Conditions, and Restrictions play an essential role in shaping your living experience within a community. This article delves into the key aspects of HOA CC&Rs, including their foundational elements, their significance, and their influence on your neighborhood. "Recognizing the […]
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Understanding Service Animals in Your Community
Service dogs play a crucial role in enhancing the lives of individuals with disabilities by assisting with daily activities. What should you do if your community's policies clash with the necessity for a service animal? Simply put, if a service animal aligns with the guidelines of the Americans with Disabilities Act (ADA), it must be […]
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Resale Certificates and Packages: Essential Information for Homebuyers
When purchasing a property within a managed community, it's essential to obtain a resale package, which contains a resale certificate and relevant governing documents. These packages provide crucial insights into the community and reveal if the current owner has met their financial duties to the homeowners' association (HOA). The documentation included in the package helps […]
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The Basics of Community Pool Insurance: What You Need to Know
Swimming pools represent one of the most popular amenities in residential communities, contributing significantly to the lifestyle of residents. However, ensuring that your pool is properly insured is crucial. As a board member, it's part of your duty to secure comprehensive swimming pool coverage for your association. Pools can be high-risk areas, and lacking proper […]
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A Career in Property Management: What You Need to Know
If you're contemplating a career change due to dissatisfaction with your current job, salary, or industry prospects, you're not alone. Many people opt to shift careers in search of a more fulfilling role, new profession, or different industry altogether. Some individuals feel driven by dreams to start their own business, capitalize on a unique talent, […]
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Community Landscaping Planning
Creating attractive landscaping is crucial for any community, adding value to properties and appealing to potential homebuyers and residents. Whether embarking on a new landscaping project or refreshing an existing one, there are several key factors to consider when selecting plants, timing their planting, and maintaining them effectively. The area where you […]
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Navigating an HOA Board Vacancy
Finding yourself with a vacancy on your homeowner association (HOA) board can disrupt the group's functionality, causing confusion and, at worst, concern among members. However, vacancies are a normal part of board operations. With the right approach, you can efficiently fill the empty spot and move forward seamlessly. Here are some guidelines to ease you […]
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Key Factors to Consider When Planning Your Association's Budget
Creating an effective budget can be challenging, as it requires careful consideration of community priorities alongside financial inflows and outflows. As a board member in an association, crafting a thorough and responsible budget is a key responsibility you hold. A well-devised budget is essential for a community to reach its objectives and realize its vision. […]
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Six Key Traits of an Effective Board Treasure
Every board of an association holds the crucial duty of safeguarding and maintaining the community's assets. This essential task demands careful financial oversight, spearheaded by the board treasurer. While the whole board shares the fiduciary responsibility to manage community finances, the treasurer plays a key role in analyzing financial data and explaining it to fellow […]
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