Strong financial management is the backbone of every successful homeowners’ association (HOA). Without it, your community could face extra expenses, dissatisfied homeowners, underfunded reserves, and many other hidden costs. In the rest of this article, we will explore the unexpected and hidden costs of mismanaged…
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Signing the wrong management contract could cost your homeowners’ association (HOA) thousands of dollars and leave homeowners frustrated. A good contract, on the other hand, can set the foundation for a strong partnership that lasts for years. With so much on the line, your Board…
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The Architectural Review Committee (ARC) is one of the most crucial parts of any homeowners’ association (HOA). This committee is responsible for reviewing any homeowner’s request to make improvements or alterations to their property. The ARC must ensure that the proposed changes align with the…
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