I was recently asked to explain the differences of a Board Meeting and a Town Hall Meeting. For many homeowners and even board members, the difference between these two meetings is not entirely clear. Read More...
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Homeowners living in Common Interest Development (CID) deed restricted communities, also known as homeowner associations (HOAs), must submit architectural applications to the Architectural Review Committee, or the Board of Directors to obtain permission to install air conditioners, in many cases. As you can imagine, this will add some heat to the already warm weather. So how do you prepare for this? Read More...
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Most governing documents regulate the minimum length of time a residence may be rented; this is usually no less than 30 days. Yet, with the advent of Airbnb and similar sites, owners have discovered a new income stream through short term rental of their homes, often at the expense of the entire community. For some communities, short-term rentals are OK. The owners want to use their dormant property for short term rental and income… For other communities, short-term rentals mean noisy parties, damage to common area, and a general unease of having strangers in your community. Read More...
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When an upset homeowner attends a homeowner association (HOA) board meeting, they believe they have the right to speak to the board, and sometimes demand answers or immediate action by the board. Although most of us would like immediate answers from the board, it is important that the board, management, and sometimes experts, like roofers/plumbers/arborists, and so forth, review the homeowner request before an informed decision can be made. Read More...
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The purchase and annual renewal of the Master Insurance policy for most homeowner associations (HOAs) is probably the quickest and least understood decision an HOA board makes each year. Lincoln Cummings of Cummings & Associates related a story about board members who unlawfully approved a reduction of insurance coverage, to save money, before a catastrophic fire caused $1 million more damage than the reduced policy covered, which resulted in a $100,000 personal judgement, on appeal, against each board member. Protect yourself, and protect your association, by hiring a qualified insurance broker who can advise your community based on the needs, trends, and threats that exist for your distinctive community, and then follow their advice. Read More...
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