Buildium

JANUARY 6, 2025

As the governing body, the board is responsible for making decisions that uphold the community’s governing documents, maintain financial stability, and address homeowner concerns. This includes everything from budget approvals and maintenance projects to resolving disputes and planning community events.

Management 243

Management Government Property Management Software Consulting 243

Buildium

JANUARY 27, 2025

New condo regulations: Condo buildings that are at least 30 years old are facing new requirements to undergo inspections and repairs, as well as set aside funds for future maintenance. This dynamic city offers a unique blend of government, education, and healthcare sectors, which contribute to its strong economy and stable job market.

Property Management 130

Property Management Property Manager Real Estate Management 130

Mem Property Management

MARCH 7, 2025

The higher property values and increased maintenance and project costs make repairs and replacements more costly, and in turn, the reserves could be inadvertently underfunded. It depends on state law and your specific HOAs governing documents. Instead of raising assessments, some HOAs may opt for deferring maintenance.

Government 52

Government Maintenance Insurance Utilities 52

HOA Managememt

SEPTEMBER 12, 2024

This certification confirms that they have read the association’s governing documents, will uphold them, and will faithfully carry out their duties. These records must be kept for at least seven years unless the governing documents require a longer period. However, removal costs for maintenance should not fall on unit owners.

Condominium 219

Condominium Education Electronics Government 219

Bay Property Management Group

NOVEMBER 18, 2024

These HOAs are run by a board of directors and usually collect monthly or annual fees as a means to cover the costs of common areas, amenities, and general maintenance of the community. A property owners association or POA is the word used for an organization that manages and governs a community or residential area. What is a COA?

Government 130

Government Regulation Single-Family Home Property Management 130

Bay Property Management Group

DECEMBER 11, 2024

Juggling tenant relations, maintenance, and financial obligations can quickly become overwhelming as responsibilities pile up. Managing Government Regulations New and evolving government housing regulations continue to shape the rental market. Managing multi-family rentals is a huge task.

Management 130

Management Regulation Property Management Property Manager 130

Condo Control

DECEMBER 6, 2024

Governed communities are getting harder to avoid. Considering more Americans will be living in governed communities, we thought it would be interesting to see what trends have shaped these communities over the past 6 years. Thats likely because owners can sell their homes for more when they belong to a governed community.

Condominium 130

Condominium Government Management Maintenance 130

Bay Property Management Group

NOVEMBER 27, 2024

Awareness of these bylaws and governing documents helps provide solid references when dealing with potential legal issues. For example, if the HOA board chooses not to document its decision to add a new rule, residents could challenge this, especially if it doesn’t follow the established governing documents.

Government 130

Government Attorney Property Management Property Manager 130

ADDA

APRIL 14, 2025

ADDA.io, is excited to be part of IIM Bangalore’s Real Estate Research Initiative (RERI) and BAF (Bangalore Apartment Federation)s pioneering initiative – Apartment Governance Essentials (AGE) Certification Program for Management Committees of Residential Communities. crores (For a community with 1,000+ homes).

Compliance 130

Compliance Government Apartment Finance 130

HOA Managememt

AUGUST 8, 2024

Specific duties can vary depending on state laws and the governing documents. These board members are community volunteers, meaning they serve their HOA without compensation. The HOA board is responsible for running the entire community. Without an HOA board, these tasks would fall by the wayside. What Happens to an HOA With No Board?

Education 246

Education Government Management IT 246

Mem Property Management

FEBRUARY 6, 2025

At the same time, community association boards have an important responsibility tocollect assessments, which fund essential services such as trash pickup, stormwater management, street and sidewalk maintenance and lighting, and recreational facilities.

Attorney 69

Attorney Government Maintenance Management 69

ADDA

APRIL 17, 2025

a seasoned Residential Welfare Association (RWA) Consultant with over a decade of experience, led an insightful session on the intricacies of financial governance for RWAs. The 3 Pillars of Financial Governance A housing societys financial governance stands on: A well-planned annual budget (April to March). Sunil A. ,

Compliance 130

Compliance Government Consulting Finance 130

American Apartment Owners Association

NOVEMBER 27, 2024

The lawsuit alleges the tenant protection laws have forced the building to accept tenants who caused safety issues, added new maintenance and security costs, increased tenant and staff turnover, limited evictions and discouraged rent increases that might help cover the increased costs.

Landlord 130

Landlord Tenant Government Regulation 130

American Apartment Owners Association

DECEMBER 16, 2024

Maintenance and repairs Landlords are responsible for maintaining the rental property in good condition, ensuring that necessary repairs are made promptly. Essential laws governing landlord entry rights Landlord entry rights are regulated by specific laws to ensure that tenants privacy and enjoyment of the property are protected.

Landlord 246

Landlord Lease Agreement Tenant Rental Property 246

HOA Managememt

SEPTEMBER 30, 2024

The HOA is responsible for common area maintenance and upkeep, including the cost of future repairs and replacements. The desirability of an HOA community is influenced mainly by proper common area maintenance and upkeep. Here are the potential consequences of an HOA reserve deficit.

Finance 246

Finance IT Government Management 246

Esquire Property Management Group

FEBRUARY 10, 2025

Regular and fluid communication and tenant engagement events On-demand maintenance and responsive property management 24/7 responsiveness Incentives for early renewals or tenant referrals e.g., rewards and bonuses Allow and encourage tenant feedback. Identify and reduce unnecessary costs to improve the property’s financial performance.

Commercial Property 64

Commercial Property Lease Property Government 64

Condo Control

JANUARY 10, 2025

Some HOAs hand off those types of maintenance responsibilities to owners, but thats not always the case. Evidence will usually consist of governing documents, correspondence and communication between the parties, transaction history of the litigant, if applicable, and any other relevant documents that would support the HOAs case.

Litigation 130

Litigation Government Attorney Insurance 130

MRI Software

MARCH 27, 2025

Data Governance and IT Scenario: A Real Estate Data Analyst struggles with inconsistent data while adopting AI for portfolio analysis. Partnering with the IT Director, they develop a data governance strategy to standardize and secure lease and financial data. Impact: Data governance is the foundation of AI and automation.

Real Estate 52

Real Estate Lease Government Compliance 52

ADDA

NOVEMBER 2, 2024

A housing society is essentially a legal entity formed to govern and manage the affairs of a group of individuals who reside in a shared residential area, like an apartment complex or a gated community. Additionally, you need to prepare a set of rules and regulations that govern the operation of the society.

Applicants 130

Applicants Applications Regulation Finance 130

HOA Managememt

FEBRUARY 12, 2025

The HOAs responsibility to provide its homeowners with transparency is always indicated in an HOAs governing documents, such as the bylaws and CC&Rs. They are generally mentioned in your HOAs governing documents. They usually include contract information, maintenance and repairs, and community expenses.

Government 130

Government Consulting Management IT 130

Condo Control

APRIL 14, 2025

After checking state laws and governing documents to see what, if anything, is required to engage in the ADR process, parties will want to find a mediator or arbitrator. These recommendations can help guide community associations interested in creating an ADR policy, but each one will be unique in some way.

Litigation 130

Litigation Government Attorney IT 130

Buildium

OCTOBER 21, 2024

The funds cover everyday maintenance as well as future projects and improvements, ensuring the community stays well-maintained and prepared for any upcoming needs. Insurance and Legal Fees When it comes to insurance, your association’s governing documents likely outline the required policies and minimum coverage limits.

Finance 245

Finance Management Attorney Consulting 245

Condo Control

NOVEMBER 11, 2024

According to SB 4-D , in addition to annual operating expenses, the budget must include reserve accounts for capital expenditures and deferred maintenance. Section 81-315 states that minimum contributions to reserves vary based on the Reserve Study or a statutory formula based on number of common area components. This rule is very important.

Condominium 130

Condominium Maintenance Government Management 130

Buildium

NOVEMBER 5, 2024

You also do not need to file a 1099-NEC form for any maintenance work or other services done by an incorporated business. If the rental property owner is established as a corporation, you do not need to file a 1099-MISC form for payments made to that company. Again, this exemption does not apply to LLCs.

Property Management 225

Property Management Property Manager Management Electronics 225

ADDA

JANUARY 5, 2025

Proactive fire safety measures not only safeguard lives but also ensure compliance with government regulations and improve resident confidence in the management committee 2. Regular servicing and maintenance of these systems are crucial to ensure functionality. Essential Fire Safety Rules for Housing Societies a.

Compliance 130

Compliance Regulation Government Maintenance 130

ADDA

DECEMBER 15, 2024

Proactive fire safety measures not only safeguard lives but also ensure compliance with government regulations and improve resident confidence in the management committee 2. Regular servicing and maintenance of these systems are crucial to ensure functionality. Essential Fire Safety Rules for Housing Societies a.

Compliance 130

Compliance Regulation Government Maintenance 130

Condo Control

NOVEMBER 7, 2024

Repairs and maintenance on behalf of the owner A corporation can complete repairs or maintenance on behalf of an owner and charge them back for this. If governing documents do not specify a time limit, give the owner a reasonable amount of time to resolve the issue.

Condominium 130

Condominium Government Insurance Landlord 130

Condo Control

APRIL 15, 2025

One of the best things about living in a governed community is the access to amenities. While these amenities arent free (money from HOA dues is used to pay for regular cleaning and maintenance), people do appreciate not having to do the upkeep themselves. Fees can help regulate usage. Guest parking Dont forget to address parking.

Management 130

Management Electronics Government Regulation 130

Real Property Management Chicago

JUNE 2, 2015

Also, you can count on your property manager’s years of experience and undivided attention to the ever-changing local laws governing rentals to make sure that your property is being properly maintained and rented to the right tenants without incident.

Professional Property Management 130

Professional Property Management Property Management Property Manager Management 130

Buildium

NOVEMBER 25, 2024

state and local governments are loosening restrictions to increase the amount of housing that’s able to be built. Zillow estimates that the real estate market had an estimated deficit of 4.5 million homes as of 2022, despite an influx of 1.4 million new housing units that same year.

Property Management 240

Property Management Property Manager Management Property 240

Rental Choice

AUGUST 6, 2024

Apart from this, federal, state, and local governments often restrict various types of smoking. Federal Law The federal government regulates both tobacco and marijuana. Moreover, no federal or state law universally grants people the freedom to smoke wherever or whenever they want. Let us discuss the former first.

Apartment 130

Apartment Tenant Lease Agreement Regulation 130

Condo Control

MARCH 6, 2025

Forecast maintenance issues to reduce maintenance expenses One property management company estimates that 15% of common element fees are used to cover cleaning services, and maintenance contracts, while another 5% is used for minor repairs and miscellaneous maintenance not included in the reserve fund budget.

Condominium 130

Condominium Maintenance Management Property Management 130

Bay Property Management Group

MARCH 17, 2025

Here’s an overview: Lease Renewal Offers According to the Baltimore City Government , landlords are generally required to give tenants a fair chance to renew their lease, as long as certain conditions are met: Notice Period : Landlords must offer a lease renewal at least 75 days but no more than 100 days before the current lease term ends.

Lease Agreement 130

Lease Agreement Lease Tenant Landlord 130

Rental Housing Journal

MARCH 18, 2025

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.

Compliance 55

Compliance Property Management Property Manager Education 55

Yardi Breeze

NOVEMBER 1, 2024

Members can earn nationally recognized designations for roles ranging from management and maintenance to bookkeeping and support. federal government agencies and Congress. NARPM members enjoy a host of membership benefits , like educational opportunities, mentoring and discount programs.

Property Management 246

Property Management Property Manager Management Education 246

Bay Property Management Group

DECEMBER 2, 2024

Main Takeaways If your home’s maintenance problem impacts your safety and health, your landlord is legally required to fix it. To be clear, tenants are on the hook for bringing any maintenance concerns to the landlord’s attention. When Aren’t Landlords Liable for Maintenance Issues?

Landlord 147

Landlord Property Management Property Manager Rent 147

Yardi Breeze

NOVEMBER 8, 2024

Strategic plans help HOA boards move beyond reactive, day-to-day management to proactive, goal-oriented governance. According to Jake, “Many HOAs become absorbed in the details of running the community — maintenance, budgeting and enforcing rules — and fail to think ahead.

Consulting 130

Consulting Government Management IT 130