Published in the ECHO Journal, March 2011 Cash management means maximizing the use of association funds to the best possible advantage. It involves income, expenditures and investments. It includes speedier […]
read moreUnneccessary Repairs A board of directors occasionally asks us to provide construction management services for complete replacement of some asset, usually roofing or paving, that isn’t completely worn out yet. […]
read morePublished in the ECHO Journal, December 2011 Older Community Associations Need Better Inspections to Avoid Financial Failure Community Associations are not financially prepared for potentially ruinous renovations. Period. Newer communities […]
read moreIt wasn’t so long ago that delinquencies were up, assessment payments were down and the bad economy strained the many aspects of homeowner association operations. The only thing that didn’t […]
read morePublished in the ECHO Journal, July 2013 Board members of HOA’s may be finally sighing relief now that the housing crisis seems to be abating. However, the recovery of the […]
read moreA Reserve Funding Plan should be adopted by the board following the review and analysis of the association’s most recent Reserve Study (§5550). The Reserve Funding Plan details how the […]
read moreThe Reserves Summary required under the new Davis-Stirling Act, effective January, 1 2014, is a disclosure to inform members about the association funds available for the replacement and or repair […]
read moreDisclaimer: The rules and procedures described below are taken from the New Davis-Stirling Act, effective January 1st, 2014. The new law meets the requirements established under the current laws. To […]
read moreDisclaimer: The rules and procedures described below are taken from the New Davis-Stirling Act, effective January 1st, 2014. To revisit the current requirements, review all sections (and subsections) of Civil […]
read moreNo-Cost Winter Savings Every degree you lower your heat in the 60‑70° range will save 2% on heating costs. Set your thermostat to 55° before going to bed at night […]
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