Short-Term Rental Policies and Owner Registration for Rental Properties
The world of short-term rentals may be confusing, particularly when there are different state and local regulations. This guide offers an information guide to the policies of short-term rental, the reason why the owner should be registered, and the regulation aspects especially in Massachusetts. Be it a veteran operator or a beginner in the business […]
Bylaw Review, Amendment Process, and Voting Procedures
To overcome the challenges of association governance, one has to have a thorough grasp of the process of bylaw review, amendment, and voting. Associations, particularly, condos and HOAs work well when the governing documents have up to date requirements and legal requirements. This article gives a detailed road map in the effort to assist boards […]
Preventive Maintenance Plans and Routine Inspections
In property management, integrity and functionality of assets is the most important aspect. The regular check-ups and a properly made preventive maintenance plan are a pillar when it comes to making sure that all the facilities run well and efficiently. This paper explores the importance of preventive maintenance, the best methods of performing regular inspections, […]
Reserve Fund Planning and Replacement Schedules
Let’s face it: one of the most challenging aspects of managing a community association is ensuring you have adequate funds when major repairs and replacements become necessary. Without proper reserve fund planning, boards find themselves facing difficult decisions between special assessments, deferred maintenance, or emergency loans—none of which create peace of mind for homeowners. Understanding […]
Board Meeting Facilitation and Support for Condo Boards
Successful board meetings support is the key to condo associations and HOA boards making sound decisions to uphold harmony in the community. This guide offers suggestions to the board members and managers of the condominiums on the best practices of conducting a productive and well-organized meeting and adhering to the governing documents and financial reporting. […]
Seasonal Preventative Maintenance for HOA
One broken pipe can cost a condo association thousands or more to fix in an emergency. A small problem with the roof can lead to a six-figure special assessment. The Community Associations Institute says that deferred maintenance is still one of the biggest financial risks for HOAs across the country. In Boston, where the weather […]
HOA Late Fees and Penalties Explained: Understanding Your Condo Late Payment Policy
When did “late” ever become okay? Don’t assume that HOA late fees are okay. When unit owners fall days behind on common expenses, a condominium association can face immediate cash flow pressure—delaying vendor payments, reserve contributions, and even insurance renewals. In Massachusetts, unpaid assessments automatically become a lien the moment they are due. That legal […]
Effective Strategies for HOA Fee Collection
Effective Strategies for HOA Fee Collection If even 5% of owners stopped paying fees, what do you think its impact would be for cash flow? Could the association continue meeting its reserve, maintenance, and insurance commitments without disruption? Not paying HOA fees isn’t an issue that can be easily noticed until the budget becomes tight. […]
Importance of Reserve Studies for HOAs
Following years of underfunded reserves, condominium communities in the Boston area have been compelled to take emergency action, according to headlines. In certain instances, structural issues led to the abrupt closure of aged parking garages. In other cases, groups gave owners minimal notice before announcing six-figure roof or façade repair projects. The trend was consistent […]
Annual Budgeting Guide for Condo Associations
In Boston, a condo building can appear financially stable—until a major repair exposes a gap in planning. A heating system replacement comes in higher than expected. Insurance premiums rise in every renewal. Reserve balances may look solid enough on paper, but turns out not enough to absorb real costs. That is when owners begin asking […]
