As a board member time is one of your most valuable assets. However, many board members find themselves buried under the demands of meetings, reporting, and administrative tasks. One customer recently shared how they were spending over 30 hours a month on board responsibilities—time they believed could be used more effectively. Their goal? To find…
In a significant development, the U.S. District Court for the Eastern District of Texas issued a preliminary nationwide injunction on December 3, 2024, halting the enforcement of the Corporate Transparency Act (CTA) and its beneficial ownership information (BOI) reporting requirements. This ruling blocks the requirement for businesses, including community associations, to file their BOI reports…
On October 11, the Alexandria District Court held a preliminary injunction hearing in Community Associations Institute (CAI) v. U.S. Department of Treasury, a pivotal case challenging the Corporate Transparency Act (CTA). CAI has been fighting to protect community associations from the burdensome requirements imposed by the act. A crucial update came on October 24 when…
To support our clients, we’ve created The Successful HOA – a resource hub that offers essential tools and guidance for board members. Whether you’re new to the role or looking to streamline the transition between board members, The Successful HOA features general topics, demo videos, and how-to guides to help you quickly get up to…
Historic Increases in Email Volumes Eating Up Your Time? According to a survey done for over 7,000 communities, the volume of communication with property managers has increased by 40% in the past 24 months. If you extrapolate this, the data is showing that the HOA Boards are also experiencing an increased volume of communication. As a…
Poor Service is a Common HOA Issue Have you ever been disappointed with the quality or service of something you have paid for? You aren’t likely to spend your money on that item again. Whether it was poor quality or poor service that caused your disappointment really doesn’t matter. The same is true for your…
Year-end is fast approaching and you want to make sure your HOA or Condo is on track with its accounting needs. Jot down these year-end accounting preparation tips and key dates for your HOA & Condo so you have the best experience.
Is your HOA or Condo having a hard time finding replacement board members? No one wants to volunteer? Read this to see how to make it easier to attract homeowners to volunteer and find your next replacement.
This is the time of year when many Boards are working on their 2023 budget. The new year will likely see many communities raising their fees to keep pace with rising costs due to inflation. As a result, we’ll also likely see communities looking at ways to save money by doing more things themselves rather…
Russell Munz, Founder
Certified Manager of Community Associations (CMCA)
Expert Financial Oversight
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