For many condominium associations in Florida, the amount of board members serving on a board of directors is usually dictated by the association’s governing documents or bylaws. There are ...
Contrary to what you might hear, investing in condos and townhomes CAN be profitable. Learn everything you need to know in this 2,500+ word article!
Think everyone should just pull themselves up by their bootstraps? Try this one on for size.
Millennials are seeing increased competition from baby boomers for condos and apartments in urban areas.
In many ways, this purchase is much different than buying a house
TOWN SQUARE | Check on the condo association’s reserve funds. If the association doesn’t have enough reserves, it is not uncommon for condo communities to issue a special assessment for emergencies and/or much needed capital improvements.
If you’re looking to invest in real estate, you may be wondering how appreciation values compare in detached houses vs. condominiums.
Executive sessions are often misunderstood by both owners and HOA board members. Get some answers to frequently asked questions you might be asking.
Learn some basic facts and numbers, and what they mean for the members of your homeowners association.
A condo or homeowner’s association is the cornerstone of a building community. The condominium of HOA maintains order and continuity by preserving architectural integrity, maintaining the common elements, protecting property values, and often providing for recreation and community engagement among neighbors. To be effective, a condo or HOA needs a strong board of directors or … Continue reading "How to Train New Board Members for your HOA"
How to Hold an Effective HOA Board Meeting<br>Homeowners’ associations function as corporations and, as such, are required to hold regular meetings with officers and shareholders.<br>Board meetings are important and often reflect how the association is managed overall. Because they are crucial to the governance of the HOA, it is imperative that
Every owner of condominium property automatically becomes a member of a homeowners association, otherwise referred to a "HOA" throughout the United States or a "Strata" in Canada. With that membership come certain rights and responsibilities.
Facebook Twitter Google+ LinkedIn You wear many hats when you’re an HOA Board member, and you’re called upon to solve many problems in the community. Associations face a variety of issues—from communications to accounting to legal issues to architecture and beyond. Board members need wisdom, knowledge, patience and compassion just to make it through the …
Acri Community Realty shares 3 tips on what to do when no one wants to run for a Board of Directors Position.
A stagnant board of directors slows down the business initiatives of an Association and may cause the Community to lag behind comparable neighborhoods. Overcoming stagnation at an HOA requires esta…
Monthly assessments will be cut by about a third. Real estate agents see it giving units in the building a competitive edge in the market.
Look carefully at reserve funds, understand property insurance, and more advice.
It does not matter which season it is, or which year. It matters not what the price range is, or whether it’s a house or a condo. It applies to
Should your HOA or Condo Board Consider Virtual Association Meetings? Many boards are leveraging electronic Board Meetings as a great accessibility tool. The...