What Is A HOA Proxy For?
Homeowners associations can benefit from HOA proxy voting. However, proxy voting can also cause confusion and misunderstandings, especially among those who are unaware of state laws and their HOA’s own rules regarding it. What is HOA Proxy Voting? Homeowners associations deal with voting all the time. These communities hold elections for board members and make […]
HOA Committee Charter: What Is It And How To Make One?
An HOA committee charter is essential to providing guidance and order to homeowners’ association committee members. Many HOAs need a charter to operate committees, leading to clarity and waywardness. What is a HOA Committee Charter? An HOA committee charter is a document that dictates the purpose, objectives, and duties of a committee in a homeowners […]
Can You Be Evicted For Not Paying HOA Dues?
Homeowners associations are well-known for collecting regular assessments to pay for neighborhood upkeep. But what happens when homeowners aren’t able to pay their dues? Can you be evicted for not paying HOA fees? HOA Fees: A Requirement for Every Homeowner Homeowners associations exist to protect property values. They achieve this by enforcing rules, providing amenities, […]
What Are The Rules On Political Yard Signs, Posters And Flyers?
Political yard signs are a contentious topic within homeowners associations. Residents argue that the First Amendment should protect their free speech. Meanwhile, HOAs say they can impose restrictions on external property and aesthetics. Do HOAs have the right to ban political lawn signs? What rules can they enact? Can the HOA Ban Political Yard Signs? […]
HOA Initiation Fees: Are Homebuyers Required To Pay It?
Potential homebuyers should familiarize themselves with HOA initiation fees, as some communities charge this to new owners. In the same way, board members should understand the limitations of authority when it comes to charging this fee. What is an Initiation Fee When Buying a House? An HOA initiation fee is essentially a one-time fee that […]
Do HOAs Pay Taxes?
Do HOAs pay taxes? Board members of a homeowners association should understand that their responsibilities also extend to managing taxes. Navigating the ins and outs of federal and state taxes, though, can be challenging without the right guidance. Do HOAs Pay Taxes? In many ways, homeowners associations are like corporations. Corporations must pay federal taxes, […]
What Are HOA Loans?
Homeowners associations need ample funds to perform maintenance activities, enforce rules, and provide convenient services. While HOA fees can often cover costs, they are not always enough. This is why some associations turn to HOA loans. What Are HOA Loans? HOAs have several income streams at their disposal to fund daily operations. The most common […]
HOA Annual Calendar: Why It’s Important And How To Make One
An HOA annual calendar is a helpful tool to keep your community on track. The HOA can pre-schedule major events so board members, volunteers, staff, and residents know what to expect in the coming year. It also helps you track renewal dates and important deadlines. What Is an HOA Annual Calendar? An HOA annual calendar […]
Most Common HOA Voting Rules For A Legitimate Election
HOA voting rules are vital to every election. Without them, the community’s elections may be unfair and neglect due process. What HOA voting procedures should your community adopt? Let’s find out. Common HOA Voting Rules Every election must adopt a set of HOA board member voting rules. Some states even require associations to adopt proper […]
Why The HOA Election Of Officers Is Vital For The Community
The HOA election of officers is a vital part of living in a planned community. It determines who will be responsible for the association’s operations. Moreover, it can make all the difference between a struggling HOA and a successful one. HOA Election of Officers: Why It’s Important Most people have some inkling of homeowners associations […]