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Making Meetings Count: How to Reach a Quorum Through Proxies
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Annual and special meetings require homeowner votes for new board members, assessment increases, capital improvement projects, and amendments to the association’s governing documents. The goal is to reach a quorum—a minimum number of members who must be present for business to be validly transacted.Some community associations ...
When Your Association Should Consider a Buydown Policy
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Insurance coverage is one of the many important aspects of managing and protecting community assets that HOA boards of directors must keep in mind. If associations are faced with large deductibles, one option to consider is a buydown deductible policy. Buydown insurance policies can sometimes prove to be a great benefit to homeowner&rsquo...
Crunching Numbers: What Goes Into a Community Association’s Budget?
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Budgets are crucial to a community association’s financial operation. Just like for-profit businesses, association boards should work diligently to develop annual budgets that estimate revenue and expenses for the upcoming fiscal year. A properly drafted budget can help prevent reduced services, deteriorating property, or special as...
What to do if There are Insufficient Reserve Funds
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What are reserve funds and what are they used for? Reserve funds are broken down into capital and non-capital expenses; capital would be replacing a roof; non-capital would be painting. These are IRS terms really, but for HOAs reserves are in general a savings account saving up to take care of long-term repairs and replacement &mdash...
How to Increase Homeowner Participation in Your Community
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Homeowners can often have differing views of their community associations — some positive, some negative —  depending on their source of information and experiences in the community. New homeowners that buy a home that has an HOA may not fully understand the positive impact the association can have on their experience liv...
New Appellate Case: Is Your Architectural Process Fair and Reasonable? (Hint: It Better Be!)
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In a decision issued today (December 17, 2019), the North Carolina Court of Appeals examined the authority of an association to review and deny submitted architectural plans. This is the second architectural committee decision from the Court of Appeals this year. (See “Don’t Screw Up Your Architectural Committee and Approval P...
When And How To Make Changes To Your Association's Governing Documents
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At CAMS, we’ve seen through the years how positive — and necessary — change can be for homeowner’s associations (HOAs). Generally, we recommend every association do what we would call a governing document audit every 7 to 10 years just as a general rule because laws change, and it’s nice to have things clear ...
HOA Meetings are for More Than Board Members
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If you live in a community with a homeowner’s association (HOA), you no doubt have seen signs, received emails, or even had people knocking on your door to alert you about HOA meetings. There are many of different types of meetings — annual membership meetings, board meetings, committee meetings, executive sessions and special...
Recent HOA Case a Good Reminder in North Carolina & South Carolina
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At Black, Slaughter & Black we keep track of legal trends and recent case law that impacts our HOA and condo clients.  Although it is a case out of Virginia, the decision in Sainani v. Belmont Glen Homeowners Association, Inc. highlights three important themes that HOAs in North Carolina and South Carolina should be aware of: &nb...
What’s in Your Board Member Tool Box?
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Serving as a board member of a homeowners association (HOA) can be an incredibly valuable and rewarding experience. That said, it is serious business as there are of responsibilities associated with protecting a community's assets and making it a great place to live.   For an HOA board to effectively serve  its members, boar...

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