Budgets/Assessments/Fees

Understanding Condo Fees Vs. HOA Fees: Differences And Similarities

When amenities include lush courtyards, state-of-the-art fitness centers or a 24/7 door attendant, it’s no surprise so many people consider…

9 months ago

Guidelines for Preparing Your Association Budget

Preparing an annual budget is essential for the financial stability of community associations. However, not all associations know how to…

9 months ago

Budgeting Best Practices for HOAs

The words “budget season” can evoke sentiments akin to root canals and IRS audits. While it may not be your…

9 months ago

Tips to Set Up Your Community Association Budget for Success (MN)

As a community association board member or property manager, you know that effective budgeting is vital for your community to…

9 months ago

5 Ways to Maintain Your HOA’s Financial Stability

Your HOA will achieve success when its financial health is maintained. Your role as a board member goes beyond ensuring…

9 months ago

Condo Column: The danger of unplanned costs (NH)

Most condominium associations, though certainly not all, have their annual meeting somewhere in the later fall. So, it’s around this…

9 months ago

‘Where is all this money going to?’: Sunrise condo residents furious over special assessment fee (FL)

Seniors at a Sunrise community were furious Wednesday after learning their homeowners association approved a special assessment fee despite overwhelming…

9 months ago

Association Borrowing Questioned (FL)

Q: The board of directors of my condominium association has been discussing taking out a loan to pay for major…

9 months ago

HOA Special Assessment- What is it?

Homeowners Associations (HOAs) are known for imposing various types of fees to maintain and enhance community living. Among these charges,…

9 months ago

Best Practices for Planning and Evaluating Your Condo and HOA Budget

A thriving community starts with a thoughtfully prepared budget. Financial planning helps ensure a stable future for any condominium, homeowner…

10 months ago