A Closer Look at Conveyance Fees: Are They Really Out of Control?
Conveyance fees are a part of doing business. When it comes to transferring HOA fees, the amount charged can vary depending...
Financial Management of Community Associations | Budgets and Replacement Reserves Part 4
Part 4 : Reserve Account/Reserve Funds
Part 1 | Part 2 | Part 3 | Part 4
The reserve account consists of funds put aside in...
Why Does Your HOA Board Need to Maintain Reserve Funds?
HOAs experience unexpected expenses from time to time just as all homeowners do. To have money on hand for rainy day...
Budget Season for Condo and Community Associations
It is budget season at RealManage, and that means our managers and accounting team are hard at work preparing the...
Condominium Association Fees - What Are My Monthly Fees Going Towards
When you move into any sort of condominium association you will likely have to pay monthly assessments. These condominium...
Community Association Reserve Study | A Fool And His Money
We all know we need a commmunity association reserve study – well, we mostly do, right? However, do we utilize these reserve...
Association Rules Enforcement - Pros and Cons of Assessing Fines
Homeowners' associations generally have rules and regulations - called the CC&Rs (Covenants, Conditions & Restrictions)....