Every homeowners’ association (HOA) has a Board of Directors that’s tasked with managing, improving, and protecting its community. If you’re part of such a community, knowing more about your HOA Board of Directors can help you stay updated on all matters concerning your residential area. To give you a better understanding of the HOA Board of Directors, here are the 3 most commonly asked questions about it. 1. What are the different roles of the Board of Directors’ members? An HOA Board of Directors usually has four to five different offices, which can take the form of the following: The... Read more »

Homeowners associations or HOAs are generally established for two primary reasons: to take care of the community that it serves and to ensure that community standards are followed to maintain property value. These two general reasons may look simple enough on the outset but looking deeper, each of these entail a series of tasks and processes, often tedious and complicated. How can an HOA management company help? Whether the HOA is a newly established one or it’s been around for awhile but basically run by the Board of Directors and board members, hiring the services of an HOA management company... Read more »

Homeowners associations or HOAs collect fees from its members to have funds for its operations. But regardless of the size of the HOA and the total amount of fees collected each month, there will be occasions when the association will fall short on funds, especially funds for unforeseen and unplanned expenses. So how can your HOA save money? So Cal Enterprises shares some tips: Conserve energy The bulk of expenses for HOAs goes to utility bills, which are primarily electricity and water bills. Here are ways to conserve energy: 1. Turn off and unplug equipment Even if you’re not using... Read more »

For multi-family housing, which is usually an apartment building or a condominium, may be regulated by a homeowner’s association (HOA) and managed by a property manager or a building administrator. The HOA itself may be managed by an HOA management company. The setup varies; and it is usually upon the discretion of the unit owners, real estate developer, and the HOA. Assuming the condo community is managed by an HOA, which in turn is managed by an HOA management company, the most common question that unit owners and tenants ask is if an HOA management company is necessary, thinking that... Read more »

Homeowners associations or HOAs are there to serve the homeowners and the community. Unfortunately, they have gotten a bad reputation because of misconceptions and misinformation. And the most common (and reputation damaging) misconceptions about HOAs is that they are too restrictive; too strict to the point of being “dictatorial.” But if one were to shift their perspective and truly see HOAs from the point of view of an entity tasked to take care of the community and its homeowners, you’d probably gain a better understanding of why rules and regulations are imposed in the first place. Here are a few... Read more »