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Emotional support animal policies for condos and HOAs
Emotional support animals, sometimes referred to as assistance animals, have been a continuous source of speculation and confusion for many condo and HOA communities. You’ve probably heard stories where individuals bring birds, rats, and even alligators into places under the claim that they are emotional support animals. Could a gator really help someone with anxiety issues? Truthfully, […]
Amenities that actually improve the property value of high-rise condominiums
Besides affordability, most people elect to buy a condo unit over a house because of the convenience. Amenities are a big part of condo appeal. Owners appreciate having 24/7 access to a semi-private gym, and they are comforted by the fact that all of their online orders will be kept safe in a parcel locker. And […]
Property management company vs self-managed HOA
Managing a community is hard work. It takes countless hours, dozens of volunteers, and thousands of cups of coffee (or tea). HOAs often hire management companies to help them with daily operations. Professional management companies have the skills and experience required to improve operational efficiencies and reduce costs. They also give board members more time to focus on […]
Adapting to 2024/2025 trends impacting high-rise condominiums
Has it been a challenging year for your condominium community? If you answered yes, you are not alone. The cost of everything, including insurance, utilities and staff, is up, and condo owners are feeling the pressure. The bad news is that costs aren’t decreasing any time soon. The good news is that more stability is […]
10 HOA property management responsibilities
HOA property managers are talented professionals who possess a variety of skills. From responding to owner emails, to assessing expenses, they do a lot for their clients. While carrying out their duties, property managers act as agents of the HOA board. They take on day-to-day activities so that the board has more time to […]
How are HOA management fees calculated?
HOA management companies are hired by busy HOA boards who need help maintaining property values and daily operations. These professional companies can be very valuable to HOA communities because they help improve efficiencies, increase owner satisfaction, and reduce costs. However, when it comes to payments, there are no standard management fees, and prices can vary […]
3 good reasons to ask condo/HOA members to sign an electronic communications consent form
While every condo and HOA member has the right to receive documents and notices by mail or personal delivery, many of the items that an association mails out can be delivered electronically. Download our free electronic communications consent form If you think some of your members would prefer receiving notices or reports online, […]
Reducing administrative costs in high-rise condominiums
Would it surprise you to learn that some condominiums are using as much as 35% of their total annual budget on administrative costs? While every condo community is unique, it doesn’t hurt to benchmark your expenses against similar buildings to see where your building’s budgeting strengths and weaknesses lie. Everything is more expensive today than […]
What are the rules surrounding community amenities and age restrictions?
Is it okay to have adult-only swim hours? Are children under the age of 12 allowed to use a gym? If you live in a community association, you’ve probably noticed that rules have changed over the last few years. That’s because communities don’t want to be found guilty of breaking laws that aim to prevent […]
Technology innovations in high-rise condominiums
Condominium communities across North America are experiencing a myriad of financial challenges. The cost of everything, including insurance, water, electricity, and labor, is up by a lot. Furthermore, new legislation regarding reserve funding and energy use is adding additional pressure on U.S. condominiums. In order to keep up, boards and managers are exploring several […]
HOA board responsibilities
Until you serve as a board member, it’s hard to comprehend just how much these volunteers are expected to do. While we will stick to the “basics” or core responsibilities, we also appreciate that there are dozens of little things board members do that go unnoticed. So thank you all for putting so much work […]
When to get a bookkeeper for your HOA
Most of us can successfully keep track of our personal finances, but it’s not something we get excited about. Now imagine trying to document income and expenses for a multi-million-dollar association. If you have served or currently act as an HOA board member, you have a first-hand account of what it’s like to maintain financial […]
A Guide to Better Decision-Making Processes for HOA Board Members
Should we go with this, or should we go with that? The decision-making process for HOA Board Members is serious business. After all, running an HOA is a business which can experience financial gains and losses, like any other business. Decisions made by an HOA Board greatly impact community members lifestyles as well, especially in […]
Choosing the best local management company for your HOA
If you’re reading this article, then you already recognize the value of a good HOA management company. Professional management companies have a superb understanding of how to augment the value of homeowners associations by increasing efficiencies and reducing costs. They also give board members more time to complete important work. Download our free request […]
HOA meeting requirements
Every homeowners association must hold at least a few meetings throughout the year. It’s true that these meetings are not something most members look forward to. However, when organized well, meetings can be productive, educational, and even rewarding. If you’re not very familiar with the structure and purpose of HOA meetings, this article can help you gain […]
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