Tag Archives: systems

Homeowners Association Management

What is HOA Management?
A home owners association is a non-profit corporation registered with the State and managed by a duly elected Board of Directors. Its purpose is to maintain all common areas and to govern the community in accordance with the provision of the legal documents: CC&R’s, Bylaws, and Articles of Incorporation. The governing legal documents for the association may be viewed online within the Resource Center page of each community website. The corporation is financially supported by all members of the homeowners association. Membership is both automatic and mandatory.

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Condominium Preventive Maintenance Checklist

Preventive maintenance is the regular inspection and repair of equipment and facilities to prevent extensive, costly damage from occurring over time. Preventive maintenance can go a long way toward reducing the overall cost of your condominiums, as large expenditures for repairs and replacements can often be avoided by a careful attention to detail. Following a thorough condominium preventive maintenance checklist can help you to increase the attractiveness of your properties, boost your tenants’ satisfaction and strengthen your profit margins. 
      
Well-maintained condominiums increase owner satisfaction. 
Inspections 
    Perform regular inspections on all equipment and facilities that are subject to damage or normal wear and tear. Inspect such things as roofs, pools, insulation, ventilation systems and appliances to ensure that they are operating safely and efficiently. Make inspection a priority among your maintenance staff; create thorough checklists that must be marked off and signed by the inspecting employee, and hold inspectors accountable for the thoroughness of their examinations. 

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MT: Buttercup Loop Dries Out (but someone’s going to get the bill)

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

Howington pointed to the problem as an example of the issues that arise when neighborhoods with private storm drain systems are annexed into the city. Kalispell annexed the neighborhood in 1999, when the subdivision already operated its own private storm drain system.
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Forever Young? Don’t Bet Your Reserves on It!

Commercial structures such as office and apartment buildings have planned obsolescence.  When they get old, they are renovated, sold or torn down and rebuilt, which usually happens every 40 to 50 years.  With our tax laws, it just doesn’t make economic sense to do otherwise. 

There is no similar economic motivation for obsolete community associations.  Condominiums and cooperatives may not be rebuilt or renovated without the approval of most of the individual shareholders.  The number of association buildings that have not been properly maintained and are at the end of their economic life is growing; and, for too many, inadequate reserves have been set aside.

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