If you’ve just purchased a home in a community maintained by a homeowners association, you may be wondering what that means. Homeowner’s associations often provide extra amenities, like pools, tennis courts, kids programming, and gym space. When you purchase a home in a homeowners association community, you’ll be responsible for helping pay for the upkeep…
Details
Reserve funds are most commonly used by businesses or organizations as a means to prepare for the future. It is considered a highly liquid asset which is set aside to meet any future financial obligations. Reserve funds can come in handy whenever there are unexpected costs. Nevertheless, it is crucial for every organization to take…
Details
Homeowner associations provide a host of services for subdivisions, condominium complexes and apartment communities. However, most HOA board members are volunteers and too busy to provide all the services they are supposed to. This is the niche HOA management companies fill. When you find a good one, a management company is a gamechanger. But if…
Details
There are few HOA rituals as universal as the Annual Meeting. This meeting, held once a year, sets the groundwork for how the entire community runs. At the annual meeting, the board holds elections, sets the budget, and takes association member questions about the direction of the HOA. It’s important to be prepared as you…
Details
Everyone wants to be proud of where they live. That is why one of the essential duties of a community or homeowner association (HOA) is to maintain and enforce certain standards within the community. Usually, people think these sort of standards refer to things like regular yard maintenance and where to store garbage cans. While…
Details
A good community association manager is essential to a smoothly-run HOA. While technically not part of the board of directors, they work closely with the board in all aspects of the association’s operation. The specific responsibilities of community managers often vary from company to company and community to community. These responsibilities can run the gamut…
Details
It is common knowledge that homeowner associations have a board of directors, but the exact roles and responsibilities of the board are often misunderstood. Simply put, the board is responsible for running the association, occasionally with the assistance of an HOA management company. While the board may consist of 3-7 members as a whole, typically…
Details
Harassment can happen anytime and anywhere, even in your homeowners association. Having a harassment policy in place can help to prevent incidents from occurring, and give your board a clear path to follow in the event that something does take place. Whether your community is big or small, you need to have a plan. …
Details
The governing documents are in place to give your board a solid reference and a basis for every decision that is made during meetings. However, sometimes these documents can be ambiguous, outdated, or incomplete. One of the board’s main responsibilities is creating resolutions to solve these basic problems and to keep your association running smoothly.…
Details
With higher temperatures, and more outdoor barbeques and other activities, the chance of fire often rises during the summer months. Even if your association and residents are insured properly, it is the board’s responsibility to help educate your community members on the importance of fire safety. Ways to Educate the Community There are many…
Details©2019 Cedar Management Group. All Rights Reserved. Sitemap
Cedar Management Group
PO Box 26844
Charlotte, NC 28221
Phone: (704) 644-8808 Toll Free: (877) 252-3327
Fax: (800) 334-0526