What to Do If You Have to Levy a Special Assessment

In a previous post, we talked about the importance of adequately funding your reserves as an HOA. While it would be ideal for every HOA to have a healthy reserve fund that could cover almost any unexpected cost, that’s not always the case. Not all associations have built up a reserve over time. Some may have had recent unforeseen emergencies that depleted their reserves, while others may still be trying to recover their reserves after several years.    Read the article………….


Related Articles

Difficult Resident? Think Long-Term

With well over a million units under management, the Associa team has pretty much seen it all when it comes

Clearly defining nuisance activity in your governing documents can help association boards avoid future headaches

A nuisance is generally defined as a person, thing or circumstance which causes inconvenience or annoyance. For some people living

The Guide to HOA Community Safety

Safety is every community association’s priority. Although homeowners associations were not created or designed to provide security for the neighborhood,