What Is Homeowners Association Insurance? What Does It Cover?
Homeowners association insurance is essential to a community’s long-term financial health. It protects an HOA from financial loss resulting from covered perils. That said, it is important to understand what HOA insurance covers and how it affects the owners. What is Homeowners Association Insurance? Homeowners association insurance is a policy that specifically applies to HOAs. […]
Condo And HOA Special Assessments: Should Homeowners Pay Up?
Homeowners might encounter an HOA special assessment every once in a while. Although different from regular dues, a special assessment also serves as a way for an HOA to secure funding. Both homeowners and board members should understand the ins and outs of special assessments. What is an HOA Special Assessment? A homeowners association special […]
What Are The Restrictive Covenants In Texas For HOAs?
Homeowners should understand the different restrictive covenants in Texas, especially when it comes to HOA communities. Homeowners associations are known for implementing these restrictions, and violations can result in fines or other penalties. On the other hand, the board should know how to enforce these covenants and what may be unlawful. What are Restrictive Covenants […]
