The HOA’s board is usually responsible for the organization’s finances and it oversees the collection and management of funds. Along with setting dues and assessments, the board can slap fines on homeowners who break the rules or damage the common areas. HOAs can also place alienon a prope...
3. H.B. 350 deals with removal of board members. This bill amended Utah Code Section 16-6a-808 in the Nonprofit Corporation Act. This section provides the requirements to remove a board member (director) from office. The old section was problematic because (a) it didn’t defer to the ...
Native Fields Landscaping provides an extensive range of services to Homeowner's Associations across Northern New Jersey. Services include Lawn and Plant Maintenance and Snow and Ice Removal.
CNY landscaping maintenance & lawn care. A small business owner in need of affordable CNY commercial lawn care or CNY commercial landscaping services in North Syracuse, NY, or a CNY HOA board member seeking to get quotes on HOA lawn maintenance care and some HOA landscaping maintenance your HOA...
As an automatic HOA member, you’ll get to vote on who serves on the condo board—aka who manages the money and enforces the CC&R. Unfortunately, you won’t get much say on anything else. Condo HOAs tend to have the most restrictive rules. They regulate everything from where you pa...
There are lots of things to learn when becoming an HOA board member, but one of the most overlooked is the number of terms you’ll need to know. The community association management industry is full of names, abbreviations, and acronyms, and it can quickly become confusing if you aren’t...
If you’re considering a home that’s in a Homeowner’s Association (HOA), you’ll want to carefully consider the pros and cons. Learn more about what HOA fees are and how they work.
As a board member, it’s essential to have an understanding of your association’s finances as this allows you to make more informed decisions. With the help of our comprehensive guide, you will learn not only all about HOA financial management but also some of the steps you can take to ...
What if I can’t afford my HOA fees? If you find the cost of your HOA fees to be burdensome, your best option may be to join the HOA board and start looking at areas of the budget where the HOA may be able to cut costs. ...
Board members also have a fiduciary responsibility to their community and the financial well-being of its residents; they can’t use their position as a board member to act contrary to the interests of the community or its residents. Furthermore, directors have a fiduciary duty to act on beha...