There are over 70 million people in nearly 350,000 communities in the United States who are members of HOAs and remarkably, their daily lives may be impacted by their HOA Boards far more than by their local, county, state, or even federal governments! Because HOAs and their Boards can exert such an influence over community […]
Sure, you have heard the saying “big results require big ambitions” (James Champy). And we aren’t saying that isn’t always true, but when it comes to your HOA Board, it can do more harm than good. How big ambitions of the new HOA board can be ineffective: Too much too soon? New board members are […]
Serving on the board of your homeowners association is going to feel like a totally new and unique experience. Despite previous experience serving on any board, non-profit or for-profit, get ready for a new ride! An HOA (homeowners association or community association) is complex, diverse, and multi-faceted. It’s consistently changing as new state laws, new […]
NOTICE: This article is important to the health of your HOA! As Board Members you have more than likely heard the term fiduciary duty more than you care to remember. However, fiduciary duty is of the utmost importance, especially as a Board Member. As a fiduciary your obligation to the association is to act in […]
You’ve probably heard that there’s no such a thing as a stupid question, and that’s especially true in regards to HOA insurance. The only foolish move would be NOT to ask. Asking questions like, “Is our HOA covered?” or “What kind of insurance do we need?” are essential to ensuring that your HOA is fully […]
At the start of the year, many HOA Board members feel pressure to get organized. Brand new HOA Board members are trying to acclimate and learn their roles, in addition the veteran members are tying up loose ends from the year prior. Getting organized is an overwhelming task, but the pay-off is vital to the health […]
On the surface, managing the homeowners association may seem simple and straightforward. Many HOA boards think they have it all together and can easily manage the HOA on their own. After all, can’t their community be self-managed? Is it required to hire an HOA management company? The answer isn’t that simple and there are factors […]
In any homeowners association, HOA Board elections can potentially become contentious, time consuming and complicated if not started off on the right foot. Holding an effective and fair HOA Board election is an annual event that helps decide who gets the responsibility for managing an HOA’s major financial matters and property maintenance issues. It is […]
Who Can Serve on the HOA Board? Raise your hand if you want to serve on the HOA Board! Don’t all jump up at once… Finding volunteers to serve on your HOA board is not always an easy task. Even if you struggle to get enough homeowners to agree to serve, your governing documents […]
With all the nuances and potential complications of governing a homeowners association, it’s no surprise that boards may need to seek legal advice on occasion. How should the HOA Board seek legal advice for your homeowners association? Your HOA management company can be a great place to start. With ample resources and experience in […]
