Living in a homeowners association offers numerous benefits, such as shared amenities, maintenance services, and community regulations that contribute to an attractive living environment. However, disagreements and concerns regarding violations of HOA rules can arise among homeowners. When homeowners report perceived violations, it’s essential to understand the role and responsibilities of the HOA board in addressing these concerns.
Homeowners associations are established to ensure the proper maintenance of common areas, amenities, and other community resources. To fund these, HOAs rely on the contributions made by homeowners in the form of regular assessments and reserve funds. The reserve fund is essential in ensuring that the HOA can cover unforeseen expenses, repairs, or replacement of community property. However, what happens when the HOA board fails to maintain the reserve fund at a proper level for the association?
Homeowners associations (HOAs) are organizations responsible for maintaining and managing common areas and amenities within a community. To accomplish their objectives, HOAs require funds, which are raised through member assessments.
As an HOA management company, one of the most pressing issues facing homeowners associations today is how to handle short-term rentals. Short-term rentals, such as those offered through Airbnb and other vacation rental platforms, have become increasingly popular in recent years. While they can provide homeowners with an additional source of income, they can also lead to a range of problems for HOAs, including noise complaints, property damage, and parking issues. Let’s explore some best practices for HOA boards when it comes to managing short-term rentals.
As an HOA board member, it's important to understand the roles and responsibilities of those in charge of setting up the rules in your community. The primary individuals responsible for this task are the board of directors, also known as the board of trustees or board of managers.
The board of directors is elected by the members of the HOA and is responsible for making decisions on behalf of the community. This includes setting rules and regulations for the community, as well as enforcing those rules. The board also sets the budget for the community, manages the finances, and oversees the maintenance and upkeep of common areas.
Living in any community means there are rules to follow. The police enforce the law by writing tickets, issuing warrants, or making arrests. Schools enforce policies for students by taking away recess, sending them to speak with the principal, or giving extra tasks to do. There are also rules when you live in a homeowners association. How strict or lenient these HOA rules can be is unique to each association, but there’s one thing all HOAs should have in common: enforcement of the rules.
‘Tis the season for holiday shopping and people love the convenience of ordering online. Avoiding the crowds and shopping from the comfort of your couch is an easy and appealing way to save time and get your gifts ordered all in one place. Whether you’re having your items shipped to your house or sent directly to the recipient, this day and age homeowners need to be on the lookout for individuals who steal packages from properties - also known as "porch pirates."
People seem to have a love-hate relationship with homeowners associations. More often than not, the people that love them respect and feel protected by rules, and the people that hate them don't like the rules - these are also the people who are usually violating the rules.
When a member is violating the HOA rules, do HOAs have the ability to enforce the rules by fining the member?
In a homeowner's association, members pay their assessments, and those assessments are divided between operating and reserve accounts. That money goes to pay for the upkeep of common area components in an association. Individual board members should not have access to those funds.
The idea isn't that an individual or small group would profit from the assessments being paid, but rather that all members would collectively benefit because that money's being used for the common good of the entire homeowner’s association.
Are your HOA board members able to handle the load of managing your homeowners association, or do you need a professional? This is a great question to be asking and there are a few factors to consider. If your board can handle some of the responsibilities but doesn’t want to take on all that needs to be managed and get done, then you may consider splitting the work between your volunteers and outside professionals.