Understanding a Homeowner Association’s (HOA) financial stability is crucial for maintaining property values and ensuring residents’ high quality of life.…
Analyzing the financial health of a homeowners association is a crucial task to ensure its ability to maintain and enhance…
It began back in the 1970s as a tool to discourage real estate speculators and to avoid assessments and increases…
So the first criteria for a Reserve component is that it exists. If it does not exist, it is a…
When managing a homeowners association, reserve funding decisions made by the HOA board have a profound impact on the community’s…
It's easy to overlook the critical infrastructure subtly running behind the scenes of every homeowner association (HOA) community. While residents…
Whether your HOA reserve fund is modest or substantial, the pressing question remains: How can you best manage this crucial…
This is a crucial time of the year for condo associations across the state as they put together 2024 funding…
Q: Can a condominium association’s operating funds be combined with the reserve money? My association has not moved money into…
The new law, SB 154, passed in 2023, the following language was enacted, “In a budget adopted by an association…