Navigating HOA compliance and adhering to HOA regulations are fundamental responsibilities for any board member. Community Financials helps by providing up-to-date information on legal requirements, compliance best practices, and regulatory changes that impact homeowners associations. Stay informed about the latest laws, understand how they affect your community, and learn how to implement policies that keep your HOA compliant.
Whether you need guidance on amending governing documents, enforcing community rules, or understanding state-specific regulations, these articles offer practical advice and resources to help your board maintain legal integrity and avoid costly compliance issues. Enhance your understanding of the legal landscape and ensure your community’s operations align with current laws and regulations.
HOA rules are designed to keep communities safe, attractive, and consistent – all of which help protect property values and maintain a good quality of life for residents. In Florida, these rules are shaped not only by each community’s covenants and bylaws but also by state laws that set clear standards for how HOAs must…
If you’re on the board of an HOA or condo association, you already know that running a community involves a lot more than just collecting dues and planning landscaping. One of the most important (and sometimes overlooked) responsibilities? Keeping the right records—because in most states, you’re legally required to do so. But what exactly are…
Picture this: you install sleek new solar panels, eager to slash your electric bill and shrink your carbon footprint, only to get a stern letter from your HOA demanding removal plus a hefty fine. Before panic sets in, here’s the twist: that “rule” is legally powerless. Now flip the script. You’re the HOA board treasurer…
The collapse of Champlain Towers South in 2021 was a tragic wake-up call for the community association industry. In the aftermath, many states introduced legislation requiring associations to adequately fund their reserves — aiming to prevent similar disasters caused by deferred maintenance. However, Robert Nordlund, PE, RS, Founder and CEO of Association Reserves, cautions that…
Tax season might not be top of mind for most condo boards, but when it comes to condo association tax filing, early preparation makes all the difference. Every association – regardless of size or income level – is required to file a federal tax return each year, and waiting until the last minute can lead…
If you’ve just discovered that your HOA never filed a tax return, it can feel overwhelming – but it’s more common than you might think. Whether due to a lack of clear guidance, volunteer board turnover, or just an honest oversight, plenty of associations find themselves in this exact situation. The important thing now is…
Surveillance cameras are increasingly common in condominium communities, offering a layer of monitoring for various purposes. However, it’s important to differentiate these from security cameras, as the presence of surveillance video is primarily for rule enforcement, not safety. Attorney Kristie Leff of Bender Anderson & Barba P.C in North Haven, CT advises that associations establish…
Recent Update: Filing Deadline Extended – March 21, 2025 HOA and Condo Boards, take note! The filing deadline for the Corporate Transparency Act (CTA) has been extended to March 21st, 2025. This extension, announced by FinCEN on February 19th, gives community associations extra time to comply with the Beneficial Ownership Information (BOI) reporting requirements. But…
Navigating California’s complex HOA regulations can be challenging for board members and community managers. Staying compliant with the latest legal updates is crucial to maintaining smooth operations and protecting the interests of homeowners. With the introduction of significant changes to California HOA laws in 2024, it’s more important than ever to understand how these regulations…
Russell Munz, Founder
Certified Manager of Community Associations (CMCA)
Expert Financial Oversight
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