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Most Popular Articles on HOAleader.com
The list shows the most widely read articles on this site.
- HOA Finances: Think Twice Before Throwing a Party with Unused Budget Funds
January 29, 2010
This week's tip deals with condo and homeowners associations that take leftover money in a miscellaneous or contingency budget account and fritter them away with things like parties. Be careful before taking that step. . . .
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- Living Up to Your Fiduciary Duty as an HOA Board Member
December 2008
"Fiduciary" is not just a big word. It carries legal consequences if you--even unknowingly--breach that duty. Here's what you need to know about fulfilling your fiduciary duty as a homeowners association board member. . . .
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- HOA Reserve Funds: The Pros and Cons of Underfunding Reserves
April 2009
Some boards stop funding--or underfund--their homeowners association reserves as a way to easy the burden on homeowners during difficult economic times. Is this a smart move for your HOA? . . .
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- Definition: HOA Bylaws
HOA bylaws are governing guides. Bylaws are supposed to be about the government of the corporation. They should cover things like how often you have m . . .
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- HOA Rules: Which Political Signs Can You Regulate?
July 2008
While a campaign-issued two-foot by two-foot Barack Obama or John McCain sign might look just fine on owners' lawns, would you feel as comfortable with a 10-foot by 10-foot sign? What if the sign promoted a White supremacist running for local office? The answer may be a rule banning political signs in your homeowners association. Before you enact such a rule, however, make sure you know whether your state permits you to do so and understand the Pandora's box you may be opening. . . .
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- HOA Reserve Studies: What You Need to Know
August 2009
Just what is a reserve study? What should it include, and how often should it be done? We've got answers. . . .
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- HOA Pet Rules & Required Accommodations: The Facts About Comfort Animals
July 2009
Is Fido a medical necessity, or are we being taken for chumps?
That's the question HOA board members are asking themselves as a growing number of o . . .
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- HOA Fees: Can Your Association Raise Money By Adding Fees?
May 2009
When governments run short on cash, they get creative. Rather than face the wrath of the citizens by overtly raising taxes, they add a fee here and assess a fine there. Can your association take the same approach to raising cash by adopting fees that will fill your association's coffers? Here, we discuss the pros and cons of a fee-based revenue plan. . . .
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- HOA Reserves: Put Your Homeowners Association Reserves to Work--Safely
August 2008
You've managed your homeowner association well, and you're proud to have substantial HOA reserves. Now you'd like to put those reserves to work so that you strengthen your association's financial footing even further. Can you even do that? If so, what investments are appropriate? And what are your duties and risks as an HOA leader? . . .
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- HOA Meeting Minutes: How To Create Trouble For Your Condo or Homeowners Association in Less Than 60 Seconds
April 24, 2009
This week's tip comes from a new article on how to avoid
creating trouble for yourself with your HOA meeting minutes.
"Minutes are a wonderful p . . .
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- HOA Board Members: Ensure that You're Personally Insured
June 2008
You may think that since your homeowner association has general liability insurance, you'll be protected if a member sues you and your fellow HOA board members. Not so. That's where directors and officers (D&O) insurance comes in. Here's what to look for in a policy to make sure you're protected. . . .
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- HOA Rules: What You Must Know About Flag Restrictions
July 2008
There are several legitmate reasons why your HOA might want to provide guidance to homeowners on flag displays. Before you do, however, make sure you understand the maze of laws governing the issue. . . .
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- HOA Governance: Making the Outside-Managed vs. Self-Managed Decision
August 2008
Often, when homeowners associations are self-managed, HOA board members find they're spending so much time on association business that it seems to be taking over their lives. Other associations that have hired management companies question whether the company provides enough value to justify the cost. Whatever your community association's status, it may be time to evaluate the pros and cons of hiring a management company. . . .
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- Definition: Reserve Accounts
Reserve accounts (also referred to as "reserve funds" or simply "reserves") are funds set aside by the homeowner association to pay for the replacemen . . .
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- HOA Communications: Should You Moderate Your HOA's Discussion Forum?
October 2, 2009
This week's tip is about whether or not you should moderate your
condo or homeowners association's online discussion forum. . . .
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- HOA Reserve Investment Philosophies, a Comparative Study
8/15/2008
If your HOA doesn't have a documented reserve investment
philosophy, you may find it instructive to review the policies of
other community associations. This post provides eight sample policies and describes how you can review dozens more. . . .
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- Switching HOA Management Companies: How to Do It Right
May 29, 2009
If you think it's time to change from your current HOA management
company to a new one, be aware of the issues that can arise
during the transition, and weigh the work necessary to resolve
current problems against the difficulties of transitioning. . . .
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- A Sex Offender Has Moved Into Your HOA ... What Now?
March 2009
If you're like most homeowners, your first thought when you learn that a sex offender has moved into your community is: What can we do to get the offender to leave? Here's what you must know about your association's--and the offender's--rights. . . .
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- Five Questions to Ask Your Manager about Your Homeowner Association's Finances
June 2010
It's perfectly fine to ask your HOA management company to handle your homeowner association's finances. But you must still oversee that process. Here are five questions you should ask your management company today. . . .
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- HOA Boards: Four Ways to Prevent and Ease Board Burnout
October 2009
Let's face it. In many condo and homeowners associations, a handful of people carry the load for the rest of the community. Those heavy lifters can sometimes become burned out. What can you do to prevent burnout? And what can you do to ease the burden when HOA board members are feeling drained? Here are four suggestions. . . .
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Quail Ridge Owners' Association
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Whispering Pines West HOA
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