How is your homeowner’s association doing? Is everything running easily and smoothly? Do you have interested members at each HOA board meeting? Is your reserve fund fully funded? What would you do if you were faced with a lawsuit or an unexpected project? If you answered no to any of these questions or don’t know the…
The 2021 Texas 87th Legislative Session has closed with new bills that will significantly affect property owner’s associations (POAs/HOAs) governed under Chapter 209 of the Texas Property Code (TPC). These may require adopting a new policy or an amendment to an existing policy of your governing documents. What is Senate Bill 1588 Texas? Senate Bill…
Property management is a difficult challenge for owners and boards. You must be skilled and effective in many different areas as vastly different as accounting and negotiation. One easy solution is to create a toolkit of these skills through the use of a property management service. What tools does a quality property management company provide…
Homeowners associations function best when they have a substantial reserve fund to rely on. This fund covers routine maintenance and unforeseen repairs, ensuring the proper upkeep of all assets. But how can you ensure everything is managed effectively? The solution lies in conducting reserve studies for homeowners associations! To effectively manage budgets and resources, it’s…
Windy Hill Development Completes Sale of First Lots to Lennar Homes, M/I Homes in Indian Springs Community; Enters Strategic Alliance with Southern Property Management Group First Phase Offers Affordable Family Living: Three-Bedroom Homes from $240K with Community Park, Playground Managed by Southern Property Management Group February 12, 2025 09:00 AM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Windy…
One of the most important aspects of serving on the homeowner’s association Board of Directors is understanding your fiduciary responsibility. What this means is that Board members are tasked with doing everything in their power to ensure that the homeowners association remains financially healthy. In order to fulfill this important obligation, Board members should have…