When you think of an age-restricted homeowners association, you might conjure up a picture of elderly couples in Hawaiian print shirts and khaki shorts, riding on golf carts, sipping drinks by the pool, or playing cards in the clubhouse. While sometimes this isn’t far from the truth, age-restricted Associations are much more than that!
Since a new year is about to begin, this may be a good time for the HOA board to communicate with the Association members about several ways they can help make the community an even better place to live in the next year and beyond. See the list below for ideas to get you started.
Homeowners associations offer one of the best opportunities for Americans to own their own homes. They are for the 21stcentury what land grants were in the 19thcentury, and what the New Deal and GI Bill were in the 20th. Why?
Your homeowners association has a lot going on, and that includes a range of upcoming social events in some form, as well several important ongoing projects.
To enhance something means “to increase or improve in value, quality, desirability, or attractiveness.” In a homeowners association the property can be physically enhanced or maintained, but enhancing can also refer to building community among the HOA board and members of the Association.
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.
Is your HOA board ready for the association’s annual meeting? Typically, most homeowner’s associations hold their annual meetings at the end or beginning of the year. Not only is it a great way to keep members informed, but it’s also the time for many HOAs to hold board elections – in fact, it’s also the law in many states, such as California.
Planning for future repairs and maintenance costs of common areas in the homeowner’s association is one of the most important jobs of an HOA board – and also one of the most neglected. Sometimes, boards are just short-sighted, focusing on the essentials that need to be done in the association now. While today is important, tomorrow must not be forgotten.
One issue that makes it difficult for boards to plan for the reserves is the pushback they receive from current homeowners because they have a hard time seeing how assessments for future projects will benefit them now. Learn how a reserve study protects owner value for both future and current homeowners in the association in the article excerpt below.
You’ve sent out the candidate solicitations, you’ve gone through finding members who are willing to serve on your board, printed the ballots, and mailed out a professionally prepared cover letter with two envelopes (postage paid!) – just like your CC&Rs or Bylaws outline. Now you have a new HOA board, right?
Then, someone you’d least expect notifies you, as the Director, that they are disputing the election because your HOA does not have election rules!