Committee structure for large associations simplified
Large associations, also known as large-scale associations, have committee structures that reflect the size and operation of their large, planned community. Committees are important for effective operation of planned community living because they are formed to facilitate and accomplish tasks that support the HOA board and lead to a cohesive and pleasant living environment. Table […]
Master Association vs HOA: What’s the Difference
Many are familiar with the term homeowners’ association (HOA). HOAs started multiplying quickly in the 1960s as the Federal government encouraged large residential housing developments. Today, over 74 million Americans live HOAs, condominium communities, or cooperatives. Table of contents What is a homeowner’s association? What is a master association? Why is a master association necessary? […]
HOA Electronic Voting: How to Digitize Your Voting Process
To say we are living in a digital age is no understatement. Did you know that as of 2023 there are over 310 million smartphone users in the U.S. alone? People are using their electronic devices—cellphones, tablets, laptops—for everything from arming security in their homes to voting. Yes, even casting votes. Table of contents Traditional […]
Top 7 Benefits of HOA Online Voting Software
Carrying out the voting process in an HOA community can be sticky business if not handled properly. US law requires HOAs to hold board elections at least every four years, and most HOAs’ board terms are usually every one or two years, in addition to all the other activities that require votes from members. So, […]
Common HOA Voting Rules You Need to Understand
HOA communities are governed by regulations that are legally binding; even pertaining to the process of how voting in the community is done. So, while casting a vote might appear to be one simple act, there is a series of HOA voting rules that must be adhered to. Table of contents Which HOA governing documents […]
How Software Improves HOA Reserve Fund Management in 2024
Some HOAs still manually manage finances for their reserve fund. Tediously entering numbers into their excel sheets and trying to reconcile tens of thousands of dollars to produce an accurate reserve fund report. It’s a dated approach to a continually evolving financial HOA environment. Did you know in the USA, HOA reserves have totaled over […]
Times Change: Why HOA Amendments Matter
There is a saying that goes, “Rules are made to be broken.” Sometimes this is true, especially when society and times are changing so fast. Some rules that were appropriate from the past no longer apply. These changes can affect individuals and certainly HOA (Homeowner association) communities where many people live in a community and […]
How HOAs Safely Invest Reserve Funds for Growth
The Homeowners Association (HOA) reserve fund is often seen as a safety cushion to be used for unforeseen expenses that arise for major repairs, capital improvements and maintenance in shared community areas, however, this fund has untapped investment potential. With the average HOA fee per homeowner being $200-$300/month multiplied by 365,000 HOA communities in the […]
5 Key Strategies to Bolster Your HOA Reserve Fund: Everyone Benefits
Keeping HOA reserve funds strong is a must for the longevity of shared community living. Therefore, the HOA reserve fund is a lifeline that ensures the community’s well-being in the face of unforeseen challenges. HOAs are stewards of billions of dollars. In fact, reserve funds used for repair, replacement and enhancement of common property totaled […]
Top 7 Tips for Reserve Fund Management: and How You Can Increase It
Financially secure homeowner associations (HOAs) don’t just happen. When HOAs are financially secure it’s because HOA board members apply sound financial judgement to reserve fund management using the tools and information available to them. It’s easy for reserve funds to dip down when rising costs for materials, maintenance, and even legal costs are an ever-imposing […]
Top 8 HOA Conflict Resolution Tips: Build a Better Resident Experience
While conflict may be inevitable, finding a resolution should be made as easy as possible. Homeowner Associations (HOA) know only too well the many challenges that arise when people from all walks of life live together in one community. Disagreements can stem from any number of things from personal values and opinions to cultural differences […]
Ensuring Long-Term Sustainability: Best Practices for HOA Reserve Funds
Are you on the HOA community board, ready to champion the cause of maintaining reserve funds? It’s a noble task, but let’s be honest—it’s no walk in the park. It takes commitment and a set of best practices to guarantee the long-term sustainability of your HOA reserve funds, especially when the unexpected comes knocking. Join […]
5 free software for HOAs
In this article, we’ll look at free HOA software that is well-designed, functional and easy for board members and property managers to use.
When do you know you need property management software?
Giving property management software a try might sound risky, but the rewards are absolutely worth any short-term uncertainty.
HOA grants
Did you know that your HOA might be eligible for a grant? Unlike loans, recipients do not have to pay back grant money.
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