Clarifying the Rights and Responsibilities of HOA Leaders for Community Success
Seeking greater community satisfaction? Understanding the roles and expectations of homeowners association (HOA) leaders is a key factor in creating a harmonious and thriving neighborhood. When board members and property managers have a clear grasp of their duties and privileges, communities benefit from effective management, maintenance, and overall contentment. To facilitate your journey to community […]
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Condo Associations: Staying Ahead in Energy Benchmarking
Is your condo or co-op association ready to report your building’s energy usage annually? If not, and if your property spans 50,000 square feet or more, it might be time to prepare. As energy conservation rises on the priority list, many jurisdictions are poised to introduce mandatory energy benchmarking. These regulations provide transparency, allowing anyone, […]
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Improving Financial Stability in Your Community Association
Community associations offer residents an enriched living experience, with amenities such as pools, fitness centers, spas, golf courses, and riding trails. Being part of a managed association often fosters shared interests among neighbors, creating a strong sense of community and maintaining high aesthetic standards. However, whether you're part of a high-rise in New York, an […]
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Four Ways to Fund an HOA Capital Improvement Project
Living in a residential community often comes with the responsibility of maintaining shared spaces and assets. However, there will come a time when such assets need replacing or significant repairs. These large-scale tasks, including major replacements and new construction, are known as capital improvements. A capital improvement involves a permanent structural change or the restoration […]
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How Can You Safeguard Your Home Against Wildfires?
Wildfires pose a relentless threat across North America, amplified by increasing annual temperatures, gusty winds, and severe droughts. Annually, over 78,000 wildfires devastate more than 12.4 million acres in the United States and Canada. Whipped up by strong winds and fueled by dry grass, trees, and shrubs, these fires endanger thousands of homes each year. […]
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Creating a Holiday Planning Guide for Your Community
Living in a residential community during the holidays can be an exhilarating experience. However, if you're part of the association’s board of directors, it may feel like there's a lot to manage. Implementing a holiday planning checklist is a strategic way to keep things organized. Here's a breakdown of essential elements to include in your […]
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HOA vs POA: Understanding Property Owners Associations
Communities often feature organizations like HOAs and POAs, which are key to maintaining the quality of life and property values in residential areas. This discussion will unravel the essence of a POA, highlight how it differs from an HOA, and discuss the advantages and drawbacks of both. A Property Owners […]
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Comparing HOA and PUD: Defining a Planned Unit Development
Prospective homeowners often encounter various community types, with Homeowners' Associations (HOAs) and Planned Unit Developments (PUDs) being among the most influential. Grasping the nuances between these two can significantly impact one’s living experience. They share a unique relationship and understanding their differences is vital for making informed housing decisions. […]
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Understanding HOA Special Assessment Taxes: Key Insights
Living in a residential community managed by a homeowners association (HOA) or considering buying a property in such a community means you're probably familiar with the term “HOA fees.” Beyond these regular fees, there's something else you might encounter: special assessment taxes and fees. A special assessment tax is a unique […]
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Consistent Communication in HOA Policy Management
Managing a homeowner's association (HOA) effectively involves drafting and enforcing policies that safeguard residents and enhance community lifestyle amenities. Crafting comprehensive policies that cater to community needs while remaining practical to implement can be quite demanding. Success hinges on laying a foundation anchored in clear communication to foster trust among homeowners. Outlined below are strategies […]
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