Community Association Financials

Budgets, Dues, Association Fees, Assessments, Financial Controls, Insurance, Reserves

Online Owner Payments, Part 2: Choosing the Right Path

This is Part 2 of a 2-part series. Read Part 1 here: In April, we discussed the numerous benefits associated with allowing owners to make payments online, as well as how managers can overcome resistance to the change from boards of directors. Now we have some advice for managers to smooth the transaction once they’ve…

Light Your Way to Cost Savings

This week, we dig into how your clients might reap substantial savings by upgrading to LED, or light-emitting diode, lighting. You’ve been in the dark if you don’t know how much longer LED lights last than traditional bulbs. “We have some lights that will last over 100,000 hours, and most of our lights are rated…

Owner Sues Without Association Approval, Then Sues Association To Recoup His Costs

Sometimes owners strike out on their own and file lawsuits they think their associations should be filing—but does that mean the association has to reimburse them for their legal costs? The guiding principle regarding action, or lack thereof, is clear in most community associations: The majority rules. Sometimes, though, fired-up owners who disagree with the…

Spring Has Sprung: 5 Tips for Handling Looming Landscaping Issues

With spring weather taking hold in most parts of the country, community association managers can expect the blossoming of questions and concerns from owners about landscaping. Even with associations that already have board-approved landscaping plans in place, managers might have owners demanding already-scheduled maintenance, planting in common areas without permission, or micromanaging the gardening crew.…

Online Owner Payments, Part 1: Making The Case To The Board

“E-payments” first came on the scene about 25 years ago or so, and it’s estimated that more than half of U.S. bills are paid online these days. Consumers use online payments to pay for everything from mortgage, credit card, and car payments to utilities and monthly subscriptions. This is Part 1 of a 2-part series.…