Emergency Preparation: Planning for Worst-Case Scenarios
Some days it rains, some days it pours—and some days, there’s a Category 4 hurricane. And while the latter is relatively rare, it can be a true disaster, and any condominium, co-op or homeowner’s association worth its salt should be prepared for it. Whether storm, fire, earthquake or freak accident, a board must take into account anything that may confront its community and put property and personal safety in danger, and come up with a plan to best lead its constituents to safety. And while this seems like quite the undertaking, there are guidelines in place and experts on hand who can help steer an association through disaster preparedness. Read the article………….
Running an HOA is challenging, especially when community members are difficult. The best way to overcome these challenges is through
Homeowners associations must conduct periodic reserve studies in order to have a realistic estimate of the costs of repairing and