Effectively managing these financial responsibilities requires a proactive, knowledgeable, and strategic approach from the HOA board. By prioritizing financial health and accountability, board members can ensure their community’s long-term prosperity and stability. HOA Financial Management Fundamentals Now tha...
The committee is allotted approximately one year to fulfill its responsibilities, with a final report expected on or before March 1, 2024. Texas House Bill 614 - HOA Fines This legislation mandates that homeowners association policies incorporate broad classifications of restrictive covenants, along ...
Jason Ries, who own a condo in a four-unit building in Somerville, Massachusetts. They are also both volunteers on their association’s board of directors. It’s a small, informal board, with each volunteer sharing the officer responsibilities of president, vice president, secretary and treasurer...
•Potential acquisition targets are assessed by the members of the Executive Committee according to strategic and cultural fit. Thorough pre-acquisition due diligence is conducted by relevant functions, including finance, legal, publishing and sales. Capital allocation for acquisitions is determined at G...