Archive for the ‘HOA Budgeting & Finances’ Category

Property Management Company Limitations

August 31, 2020

Reinforcing this helpful excerpt from @Boardspace on Twitter: Do not make the property manager require board approval for the purchase of low-value services or products.  If the property manager cannot be trusted to spend a few thousand dollars on the condo’s behalf, then the board has engaged the wrong manager. A limit is necessary, of […]

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Special Assessments Are An Unwelcome Necessity

How HOA Boards Get Assessments Approved

September 7, 2018

Notice of a special assessment to residents is about as welcome as a notice from the IRS that they owe more taxes. There are a number of steps boards can take to make the assessment process less controversial.

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