Remove Applications Remove Government Remove IT
article thumbnail

Understanding Non-Occupancy Charges in Housing Societies

ADDA

Maharashtra: Legally Capped at 10% Governing Law: Maharashtra Cooperative Societies Act, 1960 Key Regulation: Government Order under Section 79A dated 1 August 2001 caps NOC at 10% of the service charges component of monthly maintenance. Key Government Guideline: RWAs cannot charge tenants more than owners for maintenance.

article thumbnail

Move-in Affordability Plan Aims to Cut Philly Move-in Fees

Bay Property Management Group

Lets dig into what the Philadelphia government is proposing, and what it could mean for your next move. Cut down high move-in costs like security deposits and application fees that are weighing heavily on renters. Cut down high move-in costs like security deposits and application fees that are weighing heavily on renters.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Property management accounting essentials: 6 must-have software features

Buildium

2: General Ledger Accounting Track your company financials with the same accuracy and efficiency that governs all other parts of your business. #2: 2: General Ledger Accounting Track your company financials with the same accuracy and efficiency that governs all other parts of your business. For one, spreadsheets don’t scale.

article thumbnail

How are HOAs using AI to improve operations?

Condo Control

From governing documents to contracts, records must be preserved by the association. This next application is pretty cool, even if it relates to violation management. Implementing AI-driven financial management tools helps HOAs ensure financial stability and maintain trust with owners through more transparent operations.

article thumbnail

HOA Candidate Qualifications: Not Everyone Can Run For Position

HOA Managememt

Usually, these qualifications are listed in governing documents. Collecting and reviewing applications: They would collect all necessary statements or forms submitted by interested individuals. Interviewing or vetting candidates: Some committees would evaluate applicants based on leadership experience or community involvement.

article thumbnail

A Caution to AI: The Possibility of Fair Housing Violations in Communication and Payments

American Apartment Owners Association

The Evolution of Communication in Property Management AI-powered chatbots and automated messaging systems are becoming the norm, helping property teams respond to resident inquiries, process maintenance requests, and even screen rental applications. Others may rely on government-issued checks or prefer cash payments for personal reasons.

article thumbnail

How to Form a Resident Welfare Association (RWA) in India: A State-Wise Step-by-Step Guide

ADDA

A Resident Welfare Association (RWA) or Association of Apartment Owners (AOA) is necessary for organised governance, money management, conflict resolution, and upkeep of shared infrastructure if you reside in a gated apartment complex or plotted community in India. However, how is one formed?