Here in Florida, HOA boards of directors are leading multimillion-dollar non-profit organizations, and many (ok, most) volunteer board members have very little experience in this type of position. This inexperience and overall lack of education related to the...
Managing condo association finances is one of the biggest responsibilities board members face. Ensuring that they’re using the community’s resources most effectively is paramount to sound budget planning. When evaluating the best use of resources, one area of...
Of the many challenges facing Florida condo associations, one issue that runs deep for many is a palpable mistrust or distrust of the board. There is often skepticism about board decisions in part because of poor communication or transparency issues, and this...
Condo association board members in Florida have major responsibilities. They are leading multi-million dollar non-profit organizations and are doing so in a voluntary capacity. If you sit on your HOA’s board, you likely feel the pressure of this role. In addition to...
As you know, rising insurance premiums are impacting all property owners in Florida, including condo associations. Increase after increase… after increase… can make it extremely challenging for HOAs to balance their budgets. Regularly reviewing your...