About The Management Requirements For Good HOAs

1. About The Management Requirements For Good HOAs Wherever people live in a close-knit community, such as, say, one of the gated communities we see all over the world these days, there needs to be proper control for the benefit of all. It does not even have to be a gated community; it can be in any setup where owners or their tenants share the same communal spaces and arrangements that affect everybody. There are thousands of these communities in every developed country, be that the UK, communities in Europe, Canada, the US – in all states right from California to Florida and Tennessee – and elsewhere. It is a more recent concept that has, in certain ways, started to replace the needs and requirements of older generations when there was more space everywhere, cities were less built up and crime was not the problem it is today. In modern times communal living - were owners in the same scheme, complex or community share services and costs - has become the answer for many. This trend has also seen the emergence of the so-called HOA, i.e. the homeowners association, which has to ensure that all important aspects regarding this communal living arrangement are seen so that everybody in the arrangement reaps the same benefits and shares the same financial and other responsibilities – for the good of everybody. All owners, or their representatives, are members of this body, which is mostly referred to as the homeowners association. All enjoy membership, with some of them forming a board, or governing body, that oversees the responsibilities of all. They call meetings and depending on individual needs and an HOA’s specific constitution, these bodies may have certain statuary powers as are bestowed upon them by the other members, from time to time. All of this is done so that good governance of everybody’s shared interests in their community, is guaranteed. In any such HOA, there are several issues that need to be looked at. Finances are important. Members are responsible for regular contributions to the HOA, such contributions to be established and adjusted from time to time in accordance with, say, the size of your property. These contributions form part of a fund out of which services to the local authorities, for example, are paid regularly, or towards general maintenance of sidewalks, garden spaces that are accessible to all, communal swimming pools and sports facilities, salaries of cleaners and maintenance personnel, and any other incidentals that the HOA is responsible for. This means that meetings by members of the board or governing body must be scheduled regularly, and notes must be taken at such meetings and made available to all other members of the HOA. It should be clear that the administration of such processes takes some thinking, planning to execute and keeping track of how finances are used. These are not the only responsibilities. Whenever people live in close proximity to one another, issues such as noise and loud music, littering in communal areas, and several other issues become important. Rules must be put in place and sanctions decided upon whenever members, their families, friends or visitors transgress. The HOA, and specifically the committee or board, is responsible to enforce these rules and ensure members behave in accordance with what is socially, ethically and lawfully acceptable –for everybody’s benefit and good neighborly existence. Administering this process can quickly become an issue for most MOAs since they do not have the manpower to manage these processes, the knowledge and experience, or the necessary resources

2. to ensure that the HOA’s affairs are always in order. Therefore they appoint an HOA community management service or company to administer these processes on their behalf. These services have all the necessary skills, experience and expertise needed to ensure the HOA is run well and that every owner/member reaps the benefits of what a good HOA manager offers them. About Us: Walters Management is a top-rated community association management services consultant with clients throughout Southern California. We are passionate about building close professional relationships with the homeowners and homeowners associations in our region whose best interests remain our priority. We offer clients our services and attention to ensure they benefit from our expertise built up over many years as property managers with various accolades to our name. At Walters Management we offer clients our trusted service to ensure that all aspects of financial, maintenance and administrative demands and requirements are met at all times. Our services to our HOA clients are offered to ensure that all aspects that impact the client’s HOA requirements are covered and taken care of. At Walters Management our years of industry knowledge and experience allow us to offer every community that we work for, the complete service as a leading HOA management company. For more about us, please visit https://www.waltersmanagement.com/.