For condo associations, reserve funding is required by law. Although there can be some wiggle room and even a potential to hold a majority vote to do away with reserve funds, this is rarely a good decision. Reserve funds are a vital component to a condo association’s...
Your condo association has this stash of money set aside called the reserves. You and many other members think that money should go toward a new paint color in the fitness center. That old pea green just isn’t doing it for you. You should be able to use those reserve...
You just got a notice that renovation is going to begin on the lobby and pool. You don’t remember seeing any notice about that and you definitely don’t remember voting for it. Did you miss something? Or did the Board of Directors (BOD) just decide without owner...
If you’re moving into a planned development you’ll most likely be required to join the HOA, condo association or community association. The association is all about the community, but it’s managed by an overseeing body called the board of directors (BOD). The BOD...
With 2020 coming to a close we look to prepare for 2021 after one of the most challenging years most of us have ever experienced in our lifetimes. While it has not been the easiest year, we have been amazed and impressed by how HOAs, condo associations and planned...
It has now been a full year since COVID-19 has taken the world by storm. We have seen massive shifts in every facet of life across the globe. And on a local level, in our HOAs, condo associations and housing cooperatives, we have had to make many adaptations to the...
