We want to share an awesome resource to figure out the collection laws for HOAs and Condos in all 50 states. Our friends at Axela have a digest of all the requirements since regulations governing Homeowner Associations and Condominium Communities vary greatly from...
Preparing for a year-end audit for a homeowners association involves careful organization, documentation, and attention to detail. Here are some steps you can follow to ensure a smooth audit process: Organize Financial Records Gather all financial records for the...
We wanted to share an excellent resource with you which will help you to figure out the reserve requirements for HOAs and Condos in each state. Our friends at the Community Associations Institute (CAI) have a digest of all the requirements since regulations governing...
Looking to learn more about being a board member at your community? Or do you want to improve how your HOA or Condo operates? Good news there is a new podcast for HOA & Condo Board members. I love podcasts as a great way to learn something new or go deeper into...
Keeping Your HOA Management Fees Low Many condominium and Homeowners Associations, especially those accounting for large associations, are unnecessarily financially burdened by having onsite staff for accounting and management work that is ideally suited for...
Managing Operating Account Finances We frequently are asked about how much money is recommended to keep in a HOA or Condo operating bank account. The answer varies as each HOA is unique (different sizes, different structures and amenities) and so has different...
