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    • Blog

    • This week, we dig into the significant risks smaller community associations shoulder when they leave the handling of financial matters to only one or two insiders and suggest some steps they can take to control those risks.     Unfortunately, it’s not uncommon for under-resourced or overtrusting associations to find themselves the victims of fraud. In April 2019, for example, an Iowa man pleaded guilty to a scheme to defraud his homeowners association out of almost $125,000, [...]

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      The winter months isĀ upon us once again and we need to make sure we gear up for the winter. Gearing up for winter includes doing many things. Stocking up on vitamins is a good idea because the cold winter months often bring on colds and flu. Taking the right vitamin supplements can help you stay healthy. Go out and buy a humidifier for your home. During the winter months homes can become very dry and having a humidifier can greatly help to keep your home filled with moisture. Make sure to [...]

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      As more single-family subdivisions are built and more apartment complexes convert to condominiums, many form Home Owner Associations (HOA). These are opportunities for good property management! Many an HOA would prefer not to deal directly with the myriad issues of coping with the needs of owners and their renter-residents. Enforcement of the Covenants, Conditions and Restrictions (CCRs) is one of the biggest reasons HOAs are likely to hire a property management company. Having served on [...]

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      Association management is very different from managing a business. Find out how it's different and how you can benefit by hiring professionals to manage the organization for you. Association management presents many challenges to managers who are used to working in businesses. Businesses are aimed at maximizing profits. They are organized with a top-down structure. Even though employees may have lots of input into the company's operations, it ultimately comes from above. Other organizations [...]

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      Does your board president rule with an iron first? You don’t have to put up with it. Maybe she’s been running the association single-handedly forever. Or perhaps he’s been a big shot in the business world and is certain the community needs his iron fist. Whatever the motivation, the homeowners association president becomes a dictator. In meetings, bullies can intimidate fellow board members, the manager and association members. They insist on doing things their way. They refuse[...]

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      If your community association allows pets--but with restrictions--you need a plan for dealing with scofflaws. Here are five rules for addressing negligent owners in your homeowner association. 1) Enforce the rules. Though you may love pets yourself, people have bought into your HOA in part because they liked the rules that governed owners' behavior. It's your job--and fiduciary duty--as a board member of your homeowners association to enforce those rules. It doesn't matter that Sparky is [...]

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      With Spring being Sprung- it's time to give your home a thorough check-up. A regular Spring maintenance plan will go far in helping you identify problems early on and mitigate costly damage and repairs. And by keeping your house in good repair and good order you will enhance your everyday living. Home Exterior Spring Check List Inspect the roof for leaks and damaged tiles or shingles Check siding for loose pieces and check trim for cracked paint Clean gutters, repair holes and weak[...]

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      Just like zoning laws enacted by local governments to preserve and ensure the safety, health, and character of a community, your HOA covenants and by-laws exist to protect your property values, ensure an expected standard of living, and allow for efficient management of HOA resources. Knowing the HOA covenants/by-laws prior to purchasing ensure you have the proper fit to your lifestyle. Why on earth would you move into a community that you know conflicts with your lifestyle? Know that the [...]

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      Residents invest lots of money into their homes and properties and since most residents want to protect this investment, they typically come together to create a homeowners association (HOA). This governing body makes decisions related to care and management of the neighborhood, setting and enforcing community standards while making sure that shared areas within the neighborhood are effectively maintained. An HOA is able to make these decisions by forming an HOA board of leaders that includes [...]

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      For some property owners, managing their property is a lot easier said than done. This is especially true for property owners who would like to offer their property for rental. Depending on the jurisdiction, there will be some things required of the property owner in order to legally offer their home as a rental. Having a property management company can help insure that the property is in good condition, without the need for the property owner to invest too much time into their property. [...]

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