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HOA Candidate Qualifications: Not Everyone Can Run For Position

HOA Managememt

Usually, these qualifications are listed in governing documents. Vendor or contractor relationship: To avoid any conflict of interest, HOAs disqualify homeowners affiliated with vendors. However, this depends on what’s stipulated in the governing documents and board policy.

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Effective asset management property maintenance: Strategies for property managers

Buildium

Additionally, property managers should work to build long-term relationships with reliable contractors and service providers, negotiate favorable contracts, and carefully manage maintenance costs. Minimizing legal risks requires maintaining proper documentation, conducting regular inspections, and staying updated on relevant regulations.

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Maximize your rental business with small landlord property management software

Buildium

Property management software makes messaging more intuitive through communication platforms (think mobile apps and tenant portals ), automated reminders for upcoming rent due dates, and easy access to lease agreements and other important documents. Lease Management Managing lease agreements and related documents can be overwhelming.

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Get Your First 100 Doors with These Property Management Tips

Buildium

Document your processes for onboarding new properties, handling maintenance, tenant screening, and owner communication. Pro Tip: Use a digital storage solution to centralize documents and grant access to those who need them. Financial Reporting : Monthly owner statements, year-end tax documents, and transparent accounting.

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HOA Summer Preparation Checklist: Getting Ready For Warmer Months

HOA Managememt

HOA Summer Preparation: 11 Things to Do From maintenance works to managing financials and documents, here are 11 things that you need to include in your to-do list for the warmer months. This HOA summer preparation checklist covers everything your community needs to stay safe, efficient, and enjoyable all season long.

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Everything you need to know about apartment management in 2025

Buildium

This documentation supports budgeting, improves planning, and helps resolve tenant disputes. Forecasting Tips for On-Time, On-Budget Rental Property Maintenance Staff, Contractors, and Vendor Management for Apartment Management Efficient operations rely on a dependable team and responsive service providers.

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Are Housing Societies Taxable? Income Tax Rules Every RWA and Apartment Association Must Know

ADDA

TDS on payments to contractors and professionals If a RWA pays a professional more than ₹30,000 or a contractor more than ₹30,000 (in one payment) or ₹1 lakh (in a year), TDS must be withheld under Sections 194C and 194J, respectively. Which court decisions clarified the RWA income tax regulations?