Start Planning for a Disaster Now Consider this scenario: You are a board member for an HOA that represents over 300 residents in a condominium complex of 20 buildings. In the […]
We recommend that HOAs use the Accrual Basis of Accounting for financial statements. Learn the differences between accrual, modified accrual, and cash basis accounting, and how they affect your financials.
Although CA State regulates private property towing, it gives each city the freedom to write more restrictive municipal codes. Some cities require the properties to pay for permits to allow […]
Whether you are an owner, a board member, or a manager, here are some thoughts and philosophy about problem solving: Do not put the blinders on and ignore the good […]
What Is a Construction Contract? When your property manager reports to a board that one portion or a significant element of the common area is in need of repair, the […]
During project closeout, many differing interests and perspectives—some of them conflicting—create a complex dynamic. Pinpointing whether or not construction is truly “over” isn’t always a simple, straightforward matter. Numerous individuals […]
Many people have observed that community associations are actually “mini-governments.” The “citizens” (owners) elect “officials” (directors) to make both small and large decisions affecting their lives and assets. These decisions […]
With California facing a historic drought, both individuals and HOAs must work together to conserve water. Water conservation means knowing how to efficiently water your lawn and best practices for […]
Board members should be aware of these key contract provisions to include in agreements between homeowners associations and contractors. These terms cover everything from liability to attorney’s fees, and give […]
HOA boards and owners should understand construction permit basics: deadlines, budgets, liability, and other aspects of project permitting that they can (and should) control.