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Are homeowners association fees refundable?
Are homeowners association fees refundable?
Dec 14, 2023
Homeowners' Association (HOA) fees are a common aspect of community living, providing essential funds for maintaining shared spaces and amenities. However, questions often arise about the nature of these fees, particularly regarding their refundability.
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The ins and outs of homeowners insurance for condominiums
The ins and outs of homeowners insurance for condominiums
Dec 08, 2023
Owning a condominium is a unique homeownership experience, blending the comfort of a private residence with shared community spaces. As a condo owner, you may wonder about the intricacies of insurance coverage.
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Property manager training: 10 requirements to look out for
Property manager training: 10 requirements to look out for
Dec 04, 2023
A property manager’s role is a unique one; it requires answering the needs of residents,
A Community Association Manager (CAM), also called a property manager, is integral to the smooth functioning of residential complexes and homeowners associations. Whether managing property affairs or fostering a sense of community, the qualifications and skills required for property managers are diverse and multifaceted.
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Cultivating Success: Embracing our culture and values
Cultivating Success: Embracing our culture and values
Nov 29, 2023
Within community association management, our goal is to establish industry standards by promoting a culture of service, dedication, and integrity within our organization. At FirstService Residential, our associates embrace our company's values and standards, contributing to our continuous success.
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What is homeowners association property management?
What is homeowners association property management?
Nov 28, 2023
Community property management is pivotal in maintaining and enhancing the value of residential developments and homeowners' associations (HOAs). It involves the oversight and administration of shared spaces and resources within a community, ensuring the well-being and satisfaction of its residents.
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Understanding HOA loans: A financing guide for communities
Understanding loans for HOAs and condo associations: A financing guide
Nov 27, 2023
Homeowners associations (HOAs) and condo associations play a crucial role in maintaining the aesthetic appeal and functionality of residential communities. However, managing the financial aspects of these associations can be challenging, especially when unexpected expenses arise.
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Estoppel Certificates: Understanding their purpose
Estoppel Certificates: What is an estoppel certificate?
Nov 07, 2023
Community associations, such as condominiums and homeowner associations (HOAs), are governed by rules, regulations, and financial obligations. Ensuring transparency and accountability within these associations is paramount. Among the essential documents that facilitate this is the "estoppel certificate," a vital component of real estate transactions within community associations.
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Creating the best HOA budget
Creating the best HOA budget: A step-by-step guide
Nov 02, 2023
Homeowners' Associations (HOAs) play a vital role in maintaining and improving the quality of life in their communities. One of the most critical responsibilities of an HOA is budgeting. A well-crafted HOA budget ensures that the community's finances are managed effectively, providing necessary services and amenities while maintaining or even increasing property values.
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Understanding HOA management fees
Property Management: Is it worth the HOA management fees?
Oct 31, 2023
When it comes to managing a community association, the decision to hire a professional management company can be a game-changer. However, it's natural for homeowners and board members to have concerns about property management fees.
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CC&R Meaning: What you need to know about HOA CC&Rs
CC&R Meaning: What you need to know about HOA CC&Rs
Oct 27, 2023
In the following article, we’ll explain everything you need to know about HOA CC&Rs, including the basics, benefits, and how they impact your community.
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Property management pros share their career journeys
Oct 26, 2023
In the fast-paced world of property management, hiring and developing service-focused associates is paramount to serving our communities. At FirstService Residential, our success is built on our commitment to providing training and development opportunities, an inclusive work culture, and lifelong careers for our associates.
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HOA vs POA: What is a property owners association?
HOA vs POA: What is a property owners association?
Oct 26, 2023
When living in a community, whether a suburban neighborhood, a vacation destination, or a retirement haven, you'll likely encounter terms like HOA and POA. These acronyms, standing for Homeowners Association (HOA) and Property Owners Association (POA), play vital roles in shaping the quality of life and property values in residential areas.