Blog

The annual meeting is an important moment in the year for a POA. It is time for the members to come together and meet, elect new board members and/or vote on special assessments or changes to the governing documents. But, if not carefully planned and structured, the annual meeting can be a source of contentionRead more

The spotlight on POA financials has been shining bright over the last several years. Since the 2021 collapse of the Champlain Towers South Condominium in Florida, state legislators, the media and loan providers, including Fannie Mae and Freddie Mac, are more closely scrutinizing the financial state of POAs. Fannie Mae and Freddie Mac in particularRead more

A POA’s governing documents, also referred to as the dedicatory instruments, are composed of a variety of document types that form the foundations for the operations of the community. While each document is important, each document has a different degree of authority and control over the functions of the association. In this article, we examineRead more

The process for securing a vendor for your property owners association (POA) is not always as simple as it seems. There may be several vendors for the service you require, or there could be very few. But how can you, as a community manager or board member(s), ensure you are making the right decision orRead more

The continued growth of property owners associations (POA) and further state statutes allowing for action from both the association and the homeowners is leading to increased legal action in the courts from both parties. It has now become almost inevitable that a POA will be involved in a lawsuit either as the plaintiff or defendant.Read more