Every year new legislation and precedent-setting case laws impact the way Association’s are governed. At PMP we’re committed to ensuring our Board Member clients have the knowledge and tools necessary to effectively meet their fiduciary obligations and properly serve their Association. Below is a brief overview of some of the new legislation impacting Associations in 2018. For a more in-depth
The preparation of the Association’s annual budget and updated reserve study are critical tasks to ensure the proper funding of operational expenses, proactive repairs, and replacement of aging common area elements. One of an Association Board’s primary responsibilities is to properly maintain the Association’s common areas, including community amenities, and an adequately funded budget is essential to meet this obligation.
We get it, oftentimes it feels like Association action items are piling up faster than you’re able to get through them. Board Meeting agendas are too long and meetings last longer than many would like. Wouldn’t it be easier if your Board could simply discuss Association business and make decisions between Board Meetings? Of course it would! But in most
When does an Association common area repair, capital improvement or maintenance contract need to go out to competitive bid? How many vendors should be invited to bid? And how long should the competitive bid process take? These are three important questions that come up regularly. While there are many variables to consider when determining whether or not to bid out
Avoid unnecessary liability by following these best practices June, 2017 It seems that resident safety and security is an on-going topic of discussion for all Associations, irrespective of where they are located, the community demographics, or community type – single family home or condominium communities. It does not seem to matter whether the community is gated, if there are cameras
Historically, Associations have avoided interjecting in neighbor-to-neighbor disputes. Heavy walking, surround sound systems, loud voices and slamming doors were just a few of the commonly voiced resident complaints, and up until now, the response from most Association Boards was that the residents must settle these matters amongst themselves. Effective October, 2016, The Department of Housing and Urban Development (HUD) issued
Understanding the Intended Purpose of Board Meetings March, 2017 We’ve all either experienced or heard nightmares about Board Meetings that are overtaken by unruly, and sometimes downright belligerent, Homeowner Forums. Aggressive residents hurling accusations and insults at Board Members, Association vendors, and often other residents, that proves to not only be inappropriate, but unproductive. Such behavior and discourse leaves me
HOMEOWNERS’ GUIDE TO HOA LIVING I. Introduction Homeowners Associations (“HOAs”), also known as Common Interest Developments (“CIDs”), are a form of home ownership whereby the owners of housing units within the boundaries of the Association are also legal members of the Association and own an undivided interest in all common areas and common area elements. The terms “owner” and “member”
Sebastian F. I live in a townhome in a community burdened with repairs that have lead to several special assessments. Although we have a lot going on in our community, neither our management company nor our board of directors share important community information with the homeowners. It seems that the community newsletter or the association website would be great places
J. Russo: I received a violation letter from my HOA for installing holiday decorations at my townhome. Now they are telling me if I don’t take down the decorations they are going to fine me and have them removed. Can an HOA keep homeowners from installing holiday decorations and do they have the right to remove them from my property?