It is important to note that HOA liability insurance typically covers the association as a whole and its board of directors, officers, and employees. In some cases, it may also extend coverage to volunteers and committee members. HOA liability insurance is different from individual homeowners’ ins...
The HOA pays the premium, and if there's an incident the policy covers, the HOA board files the claim. The insurance carrier will investigate the damage to determine if the HOA is liable and whether its coverage applies. When the HOA makes a claim on its master policy, there will be a...
Living Up to Your Fiduciary Duty as an HOA Board Member Though this may be news to many homeowners diligently serving on association boards throughout Nevada, by stepping up to the plate and agreeing to volunteer your time and effort, you're agreeing to act as a fiduciary on behalf of yo...
When a condo or co-op resident runs for a seat on their board, the decision to do so generally comes from a desire to ‘s… Finance 2024 July Everybody Hates Assessments Handling the Unpleasant Inevitable As Costs Rise, So Do Carrying Charges Monthly Fees for Co-ops & Condos Up All...
Maintaining open and respectful communication with the HOA board and management company can help address any concerns or questions regarding fees, budgets, or financial matters. Key takeaway:Homeowners need to ensure that the fees are doing an adequate job of covering all the expenses of the communi...
Board Packages & Interviews The Good, the Bad, & the Illegal Maintenance All Exterior Building The Slush is Coming Time to Start Winterizing Your Entry Hall or Vestibule As the leaves change and the weather cools, it’s time to make like the squirrels and start preparing for winter. For sh...
To help the HOA in its goal, an HOA fee is usually assessed for each member. Paying HOA fees help keep your neighborhood and shared spaces well-maintained. The fees can also go toward the insurance premium for the master policy. The exact fee amount is determined by the HOA’s board of...
HOA Properties puts Board Members and Homeowners first with our HOA customer service, HOA software and HOA services. Financial Administration Project Management Building & Lawn Maintenance Enforcement of CC&Rs. The most important aspect of Hoa Properties is to provide communities professional, efficient,...
Full-Service Management With us handling everything from A-Z, you can spend less time on the day-to-day, and more time on effective governance. Financial-Only Management An Association's finances are the backbone of a well-run community. Let us take the lead in keeping your Board informed...
Your Board's Most Important Jobs - Running Meetings and Elections Seminar - The Cooperator Expo New Jersey Webinars/Seminars Winter 2025 Current Issue Management How Self-Managed Communities Manage Their Business Staying Smart & Solvent One of the certainties of living in a co-op, condo, or...