Homeowners associations (HOA) set and uphold rules in order to maintain and enhance property value in housing communities—and come with dues you have to pay.
The HOA board also has the authority to cut off access to shared amenities for members who are behind on their payments. 🤓Nerdy Tip If you hit a rough spot financially and have trouble paying your fees, arrange a meeting with the HOA board. You may be able to work out a payment pla...
Conflict resolution– Many of us have had the experience of wishing that an impartial third party could step in to resolve a dispute with an intractable neighbor. While HOA board members are only human and may not be completely impartial, they can still be an invaluable tool to bolster regulat...
A board of directors is responsible for the operations of an HOA. Newer communities may still have boards controlled by builders and developers. Board members are volunteers who work to enforce governing documents, manage financial aspects, and maintain common areas. Essentially the lawbook by which...
You also want to make sure that all members of the board, and your neighbors if you want to share, have the same understanding about what’s going on. Document everything in writing to avoid “he said, she said” situations. Don’t argue the rule. While you may not be...
We welcome volunteers and suggestions to keep our neighborhood looking beautiful to protect our property value. You, as a homeowners have a vested interest. Current Board Members can be found on The Welcome letter or by clickingHERE ...
Most HOAs are formed by real estate developers that then turn them over to an association board when construction nears completion on the new development. Common-interest communities or common-interest developments, including retirement communities, co-op, and vacation timeshare communities, usually have...
Members will be required to provide information confirming their account. FAQ'S What are the Dues and How do I pay them? · When you purchased your home you also signed a legally binding contract agreeing to be a paying member of the Home Owners Association (HOA). The HOA Board has estab...
Keep in mind that serving on the HOA board isn’t a commitment many are willing to take on, so the same board members often continue to get reelected. This can create conflict if the board and newer residents disagree on an issue. How does the HOA handle disputes between members? Does ...
Owners may even face higher fees if thereserve fundisn’t properly managed. Remember, these are funds that are set aside for unexpected and/or major repairs to the property. And the HOA’s board and/or management have afiduciary dutyto make sure that their reserve funds are maintained and ...