Homeowners and board members alike may encounter an HOA slush fund. While an association maintains one or more accounts, a slush fund should not be one of them. Given the negative implications of the term and the potential for financial fraud, an HOA should stay away from slush funds altogether. However, not many understand why…
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Living in a homeowners association comes with financial obligations. For new homeowners, one of these financial obligations comes in the form of HOA initiation fees. These fees differ from regular fees that homeowners pay monthly or annually. They serve a different purpose. And while all HOA communities collect regular fees, not all of them collect…
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Every now and then, homeowners will encounter a situation wherein an HOA board recall is necessary. It is essential to go about this process correctly, following state laws and the guidelines written within the HOA’s governing documents. Failure to do so could result in a wrongful recall, reversing the results and forcing everyone to redo…
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Raising a flag on Memorial Day is common for homeowners, but there may be an added layer of confusion regarding HOA communities. Homeowners associations are known for imposing strict rules. These rules may extend to decorations, raising the concern that residents may face a fine without permission to fly the American flag. However, there is…
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HOA attorneys are a huge asset to any homeowners association. They provide ample assistance, helping HOA boards navigate their often-complex legal issues. Some associations, though, remain unconvinced about the benefits these lawyers pose. However, without a law background, an HOA board that attempts to take matters into its own hands will only find itself in…
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Is it a good idea to include landscape items in reserve study? In many states, homeowners associations must perform reserve studies and keep well-funded reserve accounts. While the reserve study typically covers non-living components such as roads, roofs, and pipes, there is a question of whether or not the same study should also contain landscaping…
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Renting out HOA amenities has its fair share of pros and cons. However, does an HOA board have the authority to do this? The issue has many moving parts, and a competent board should review all aspects before deciding. The Benefits of Renting Out HOA Amenities The most obvious benefit of renting out an…
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When it comes to meetings, it is imperative to understand Robert’s Rules of Order parliamentary procedure. This set of rules and procedures applies to most organizations, including homeowners associations. As such, HOA board members should familiarize themselves with its terms and principles to ensure a smooth and procedurally correct discussion. What Is Robert’s Rules…
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Understanding the requirements and procedures for Robert’s Rules of Order suspension of rules is essential to the continued success of any organization. This motion allows an assembly to temporarily suspend rules that it would normally have to follow. Not all rules may be suspended, though. What Is Robert’s Rules of Order Suspension of Rules?…
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Understanding the procedural intricacies of Robert’s Rules of Order amending documents, particularly the bylaws, is essential for maintaining the order and functionality of organizations. Every member of an organization should familiarize themselves with the requirements and processes for amendments. How Does Robert’s Rules of Order Amending Documents Work? Members can present individual amendments following…
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