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What Happens When a HOA Owner Dies?
December 2011
On a very sad note, home owner associations sometimes have to deal with the aftermath of the death of an owner. If an owner dies, leaving his unit empty until its fate is resolved through the legal process, what happens if the former owner's successors or executor fail to pay HOA dues? How can you handle that problem with respect? Here are some answers. . . .
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HOA Turnaround Case Study: Lancaster Condos
August 2011
This month, we focus on how another association righted its listing ship by pursuing legal remedies against delinquent owners. Lancaster Condominium Association went from having more than half of its 90 units in foreclosure--with an even greater number delinquent in assessments to the association--to financial solvency by using aggressive legal and management strategies. . . .
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How Should an HOA Divide Repair Costs? Discussion Forum Follow-Up
March 2011
A reader asks, "Our HOA has both condos and stand-alone homes. The condos vary in size, as do their roof and siding areas. They pay an additional assessment for the HOA to take care of many items, including the roofs and siding. When the roofs have to be replaced, does the HOA decide whether all the condos will pay an equal assessment or one based upon their respective roof areas?" Here, our experts offer their insight on allocating repair costs and determining when owners' input is required for expenses. . . .
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What You Should Know About HOA Bad Debt Line Items
February 2011
Experts say HOAs should have a line item in their budget to plan for bad debts. Should that line item cover only delinquent assessments, or are there other debts that can go bad, too? How do you determine the amount your homeowners association should set aside in a bad-debt line item? Here's the skinny. . . .
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HOA Bad Debt: How to Plan for It
February 4, 2011
If you're one of the few homeowners associations with no delinquencies, skip this tip. Chances are you're still reading. Good. In this week's tip, we explain when your HOA should have a bad-debt line item in your budget and how to set the amount. . . .
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The Wrong Way to Calculate HOA Assessments
July 2010
Homeowner and condo associations often come up with new ways to calculate assessments, but sometimes they later learn their methodology was simply wrong, unfair, or in violation of their governing documents. Here's some guidance on identifying whether a proposed method of determining HOA assessments passes muster. . . .
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HOA Communications: Tips for "Selling" a Special Assessment
May 2010
If your board is convinced your condo or homeowners association needs a special assessment, it must take the process of getting buy-in seriously. Here's how to "sell" a special assessment by being transparent, having community meetings that allow members to understand the issues and ask questions, and knowing how to overcome objections. . . .
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Quail Ridge Owners' Association
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Whispering Pines West HOA
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