If you have been following the HOA Detective blog for any length of time then you know that yours truly talks a lot about the importance of reserve planning and funding for homeowners associations. To quickly recap, the position of the HOA Detective is that reserve planning and funding of a reserve account is the … Continue reading 2020 and Beyond: Mandatory Reserve Funding…Really?
In March of 2016 the Community Associations Institute (CAI) released a White Paper titled: Community Next: 2020 and Beyond - The Association Governance Model Panel Report....
A rogue wave is a wave in the ocean that does not have the same characteristics as a normal ocean wave. Typically they are much larger than a normal wave; occur unpredictably and do not behave like a normal wave. As a result the rogue wave can wreak havoc and destruction on nearby boats and … Continue reading Rogue Boards & The Wall of Silence
House Resolution 4696, which has been tagged with the politically palatable moniker, Helping Our Middle-Income Earners (H.O.M.E.) Act, is being touted by industry insiders as a piece of consumer-friendly legislation to help beleaguered homeowners who just so happen to live in HOAs. According to the party line these poor, over-burdened homeowners are being subjected to … Continue reading H.R. 4696: Unfair Tax Treatment Under The Law
Why is it important that the reserve study be prepared by an impartial, third-party provider? This is a question that many reserve study providers would just as soon not have to answer. It is also one that the industry itself has chosen to address in only a passing manner by requiring that the reserve study … Continue reading Reserve Studies: The Importance of Objectivity