Resources

What To Do When Association Communication Breaks Down?

Effective communication is essential in governing your association. Most conflicts arise when homeowners are ill informed or feel unheard. Transparency and establishing clear expectations are essential ingredients in establishing trust between all parties. Boards communicate with 3 groups: their property managers/management companies, their homeowners and amongst themselves. Here are some helpful tips to establish effective…

HOA & Condo Communities: Understanding Your Financial Reports

HOA & CONDO COMMUNITIES UNDERSTANDING YOUR FINANCIAL REPORTS: A Comprehensive Guide CONNECT TODAY Many homeowners and board members struggle to understand their financial reports, which can hinder their ability to make informed decisions about their community’s finances. Truth is, not all of us have experience or education in reviewing numbers and reports. If you are…

Insurance Claims: What Every Condo Owner Should Know

All homeowners dread pipe bursts, roof leaks, oven fires, storm damage, etc. but unfortunately, they happen. When living in a condo, high rise, multifamily, or townhome, you share walls and common space and need worry not only about your own home, but your neighbors’ as well. Understanding insurance and the claims process, and following the…

What Does My Property Management Company Really Do?

Many homeowners wonder what their property management company does for the for their management fee and what exactly are their monthly dues are paying for. However, a professional management company is a service many communities cannot afford to be without. Property Management can be broken into four main categories: Building & Grounds, Financial, Administration and…