Crime can happen anywhere, at any time, so it’s important to stay vigilant. While there are safety measures your association may take to deter crime, it’s crucial for each individual
When running an HOA, there’s always a need for more funds. Even the most financially stable HOAs can always find ways to put more funds to good use. So, you
As a board member, you strive to make the choices that protect your community and create a neighborhood that homeowners are proud to be a part of. You follow your
Here at Spectrum Association Management, we love helping our customers navigate every aspect of HOA management. One topic that doesn’t get talked about enough is how to protect your association’s
Thoughtfully planning and preparing for the annual HOA budget is not easy, but it is crucial to the day-to-day and long-term success of the community. Each year, the board is
Estoppel is a legal concept meaning that someone certifies the accuracy of certain facts as of a specified date. A lender or bank requires an estoppel letter or certificate from
When you research insurance as a homeowner, your decision only impacts you and your family. However, when you research insurance as a board member, it impacts all your neighbors and
If you’re in the market of buying or selling a home within an HOA, you’ll most likely come across the requirement for a resale package as part of the process.
Even with their many expenses, an HOA board may reach the end of the year and discover they have an operating funds surplus. This occurs when all revenue or receipts,
Community associations are legal entities governed by bylaws and codes, covenants, and restrictions (also known as CC&Rs), which are enforced by an elected board of directors. It is the board’s
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