Learning the Basics of HOA Assessments
[vc_row][vc_column][vc_column_text] 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…
Category: HOA Finances
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…
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…