If you’re part of a homeowners association, you’ll find the following commonalities to be true just about anywhere you live in the country. It’s important to understand these ahead of time before becoming a resident in an association. While some people might find them controlling, they actually give members the opportunity to have a voice in their living community.
When homeowners start to notice an increase in crime in the homeowners association, it's not necessarily the fault of the HOA, but the fault of the individuals who make bad choices and seek a location to carry out their dealings with easy access that allows for a quick exit. There are ways the the Association be proactive to help the community remain a safe place to live.
The last time you attended the HOA board meeting for your homeowners association the current board asked you and everyone present to consider volunteering for the board. These are the thoughts that went through your mind:
Pop quiz! Do you understand your HOA fees? If you’re an informed member of your homeowners association, you should pass with flying colors. If you fail, well then, you need to plan a study session to brush up on your HOA knowledge.
Have you ever attended a meeting and had no clue what was going on? It’s an awkward position to be in, especially if you're trying to understand and contribute to the conversation. Be in the know and wow your board members when you attend your next HOA board meeting by reviewing these common terms that are sure to come up.
Community association board members and managers might not immediately think of customer service as one of their priorities, but it's important. Customer Service is an integral function of any organization. The need for excellent services is just as vital to an association’s success as it is to a business that sells goods and services.
A common question homeowners in an HOA ask is, "What Does the HOA maintain in our Community?” Usually, this comes with a bit of anger behind the question. Unless the CC&Rs provide otherwise, the homeowners association is responsible for repairing, replacing, or maintaining the common areas, while owners are responsible for maintaining their separate interests and any exclusive use common area.
How is your homeowners association holding up? Do you have buildings in need of repair? Has the HOA board set aside funds for inevitable future repairs? If you don’t know the answer to these questions, then it’s time to find out. Why? Because it’s the Board’s job to protect and maintain the association and keep it safe. Sometimes, the safety of lives is even at stake. You don’t want to wait for something bad to happen before taking action, like one homeowners association did in Florida. Read more in the article excerpt below.
You ran for the board on the platform of remodeling the clubhouse that has become outdated. What you haven’t shared with the members of the association is that your daughter is getting married next year and the clubhouse would be the perfect place for a reception.
Many homeowners associations operate on the fiscal year (July through June). If your Association is one of them then hopefully you have your new and improved budget ready to go because July is just around the corner.
As an HOA board member you probably know the basics of HOA accounting, and that the process is reversed from the typical American’s household budget.