Tag: hoa finances

How and When to Update the Rules, Apply Special Fees, and Use Proxies

When it comes to running an HOA, as a board member, there are a lot of “special circumstances” or advanced facets that don’t come around every day. In fact, many board members can go their entire terms without ever running into these types of situations, which is truly an ideal situation. However, for those who […]

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A More In-Depth Look at HOA Accounting

As you may well know, being a member of the Board of Directors for your homeowners association means having an immense financial obligation to your community. Your job will become convoluted by illegible or inaccurate financial reports and records, which—if you are not prepared—can be overwhelming. Because of this, it is essential that you’re able to decipher […]

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