Community Association Expenses

Predicting and Accounting for Community Association Expenses

Taking charge of a community association budget requires a great deal of planning and preparation and detailed, accurate record keeping. While some community associations employ a property management accountant to handle their financial affairs, others share the responsibilities between their board members and volunteers. In either case, predicting and accounting for annual expenses is a […]

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HOA Liabilities

Absolutely Must-Follow Best Practices for HOA Liabilities and Protections

Since your HOA is a legally recognized entity, it makes sense that it can come up against legal disputes and lawsuits like any other organization. And because you and your fellow board members are also responsible for your community’s physical, human, and financial affairs, there’s often extra awareness around HOA liabilities and protections. Of course, […]

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How to Build a Great HOA Board

The key to any successful homeowners association is having a competent and dedicated board of directors. HOA board members are responsible for running their community and overseeing its legal and financial business. They are democratically elected by the HOA members and make decisions on their behalf. The exact workings of any HOA vary from association […]

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How to Calculate What Monthly HOA Dues Should Be

HOA fees cover a variety of needs for the community and home each year. There are many aspects to consider when setting your HOA dues. When setting your monthly HOA dues each year, it may be challenging to think of everything you need to consider. There is so much that goes into taking care of […]

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online hoa dues

5 Property Management Software Tips for 2022

Ensure that your property management software is intuitive, effective, and trusted so it can support your HOA in the long term. To run your HOA in the most efficient and streamlined way possible, you need the best tools of the trade at your disposal. Property management automation software is one of the best assets you […]

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