HOA Christmas Decorations: What’s Okay And What’s Not?
With the holiday season around the corner, HOA Christmas decorations are bound to make an appearance. When it comes to decor, homeowners must understand the rules of their community. Similarly, board members must enforce these rules fairly to ensure a festive holiday. Are HOA Christmas Decorations Allowed? With Halloween and Thanksgiving over, homeowners are swapping […]
13 Important Things To Check In A HOA Vendor Contract
An HOA vendor contract plays a bigger role in communities than most people realize. Associations rely on vendors for many essential tasks, and the agreement details the terms of the service or project. In the end, the board must carefully review the contract so there are no surprises later on. What to Look for in […]
HOA Year End Planning: Preparing For The New Year
One of the biggest items on a board’s calendar is the HOA year end planning session. This is the time when board members prepare for the upcoming year, sorting out finances and ensuring compliance. For fledgling boards, navigating year-enders can be confusing without the right guide. Items to Include in Your HOA Year End Planning […]
A Step-by-Step Guide To Getting FHA Condo Approval For HOA Board
Condo associations should consider obtaining FHA condo approval. While this might seem like extra paperwork, it can go a long way in attracting buyers. Condominiums that have FHA approval tend to sell faster than those without, as it can make financing much easier. What Does it Mean to Get FHA Condo Approval? An FHA-certified condo […]
HOA In Debt: What Can The HOA Do?
An HOA in debt can cause stress for both the board and homeowners. Debt can result from many things, including poor planning, unpaid bills, or unexpected expenses that exceed the budget. When this happens, the community’s financial stability and reputation are at risk. Common Reasons for an HOA in Debt In many ways, condos and […]
What Is A Fidelity Bond? Are Texas HOAs Legally Required To Have One?
What is a fidelity bond? In an HOA or condo, it’s a safety net that protects the community’s money from theft or fraud. In Texas, some HOAs wonder if it’s just something nice to have or something they’re legally required to carry. What is a Fidelity Bond? A homeowners association fidelity bond is there to […]
What Are HOA Loans Used For? Can Any HOA Apply For It?
HOA loans can really keep a community afloat when money runs out, but big repairs often can’t wait. Sometimes, dues just won’t cut it, and the reserve account’s running low. In that case, borrowing becomes the only way to move forward. What are HOA Loans? Homeowners association loans are just what they sound like — […]
HOA Reserve Study: Are There Requirements In Texas?
A reserve study helps an HOA or condo plan for big repairs and replacements before they become emergencies. It’s one of those tools that keeps communities financially stable. But are associations in Texas actually required to do one? What is an HOA Reserve Study? A reserve study for condo association or HOA is a financial […]
Negligence in Maintenance Of Common Areas: A Lawsuit Waiting To Happen
Negligence in maintenance is one of the fastest ways an HOA or condo association can land itself in trouble. The truth is, associations are supposed to keep their communities in good condition, but when they don’t, the results are almost always negative. At the end of the day, homeowners will notice, and if the board […]
Beware Selective Enforcement: How Texas HOAs End Up In Court
Selective enforcement is one of the leading reasons homeowners end up at odds with their associations. Many HOAs try to maintain fairness, but some end up creating more problems by not treating everyone the same. When rules are not applied across the board, things get messy, and it usually does not end well for the […]
