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Common HOA Voting Rules You Need to Understand 

Condo Control

HOA communities are governed by regulations that are legally binding; even pertaining to the process of how voting in the community is done. Table of contents Which HOA governing documents address voting rules? Which HOA governing documents address voting rules? All the following HOA documents govern the HOA rules for voting.

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Why Are Bengaluru Apartments Struggling with Apartment Governance – And How to Solve It

ADDA

Many of these communities, which manage budgets of up to 20 crore , are running into apartment governance woes due to inexperience, ego clashes, and a lack of best-practice know-how as reported in a recent Times of India article. Bengalurus large apartment complexes are nothing short of mini-cities. This is a very wrong decision.

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HOA Board Nominations: What’s the Right Process?

HOA Managememt

What Do the Governing Documents Say? Usually, your HOA’s nomination requirements and procedures are outlined in your governing documents. In some states, legislation governs the process of conducting HOA board nominations. When this happens, the HOA may skip the election, provided the governing documents permit it.

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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.

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Regulatory compliance in condo/HOA management: Navigating evolving laws

Condo Control

State/provincial laws and Acts come next, followed by governing documents. Some states and provinces like Florida, California, Michigan, Ontario and Alberta have extensive laws for governed communities to follow. Keeping up can be a challenge, but there are tools and resources available to help with this ongoing responsibility.

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HOA Transition Checklist: Onboarding The New HOA Board

HOA Managememt

The same goes for the governing documents, including the CC&Rs, bylaws, and operating rules. A checklist helps ensure that board members don’t forget anything important during the transition. What to Include in an HOA Transition Checklist It is always good to write down what needs to be done. It is easy to get lost in the process.

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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.