How to Build HOA Reserve Funds
A large responsibility of the HOA is to operate, maintain, repair, and replace all common areas within a development. Because these areas are available for
Category: HOA Finances
Learning the Basics of HOA Assessments
Have you ever heard of the saying, “There’s no such thing as a free lunch?” With all the upkeep and maintenance expenses that come along
Tips for Avoiding Embezzlement and Fraud
To keep homeowners’ trust and fulfill their responsibilities to the HOA, board members need to know how to avoid fraud and embezzlement against the HOA,
Accounting Basics for HOAs
An HOA’s board of directors is ultimately responsible for managing the association’s finances. So, it is wise for board members to be familiar with the
A Guide to HOA Budget, Accounting, and Finance
Understanding how to interpret your HOA management company’s financials are an important part of your role in an HOA. The management company you’re working with
Reserve Studies Explained
A reserve study is a long-term budget-planning tool designed to identify the current status of an association’s reserve fund, which offsets the association’s ongoing disrepair