It’s another Tuesday night. You’re on your third hour at the laptop, unpaid and exhausted, approving yet another violation notice while your family eats dinner without you. The latest angry email from a homeowner just hit your inbox: “This HOA adds real value to homeowners… Nobody in our community ever said!!” You feel the familiar…
Read more
It’s 8:47 p.m. You’re sitting at your kitchen table, unpaid volunteer hat on, staring at another detailed report. Your spouse is already in bed. The kids haven’t seen you all week. And you’re about to hit “approved to send” on yet another list of late-fee warnings that start with the cold words: “You are delinquent…”…
Read more
Homeowners’ Associations (HOAs) across the United States are experiencing significant increases in insurance premiums, with some seeing costs double or triple upon renewal. Several factors contribute to this surge: Traditionally, opting for higher deductibles—where the policyholder agrees to pay more out-of-pocket before insurance coverage kicks in—has been a strategy to lower premium costs. This approach…
Read more
In 2021, the U.S. government enacted the Corporate Transparency Act (CTA) to increase transparency around company ownership. Aimed at reducing financial crimes like money laundering and tax evasion, the CTA requires many organizations, including certain nonprofits and HOAs, to report key information about their board members or “beneficial owners.” Here’s a quick guide for HOA…
Read more
