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Conducting a Condo or HOA Site Inspection

Conducting a Condo or HOA Site Inspection

Apr 5, 2022 | Business Insurance, Condo Associations, Real Estate

Regular property inspections are an important part of managing condominium or homeowners association (HOA) risks. Thorough inspections increase the safety and well-being of homeowners, protect property values, and reduce the risk of costly repairs and lawsuits. Why...
HOA Amenities: How to Protect Amenities in Your Community

HOA Amenities: How to Protect Amenities in Your Community

Feb 22, 2022 | Business Insurance, Condo Associations, Real Estate

Swimming pools, clubhouses and gyms are just a few of the amenities that attract homebuyers to condominium or homeowners association (HOA) communities. HOA members are able to enjoy these offerings without the hassle and high cost of owning them on their own....
Foreclosing on a Condo/HOA Member’s Property

Foreclosing on a Condo/HOA Member’s Property

Oct 26, 2021 | Business Insurance, Condo Associations, Risk Management

Recovering delinquent fees and assessments from members of a condominium or homeowners association (HOA) can be a headache for the HOA’s board. Each homeowner shares a piece of the association’s operating costs; when they fail to pay their fees, it prevents the HOA...
Security Options for Your Homeowners Association (HOA)

Security Options for Your Homeowners Association (HOA)

Mar 1, 2020 | Business Insurance, Real Estate, Risk Management

Many potential home buyers are attracted to communities with active security programs; protecting the value of both individual homes and common amenities is a shared goal for members of a condo or homeowners association (HOA). Many associations engage security guards...
Risk Management for Your Homeowners Association (HOA)

Risk Management for Your Homeowners Association (HOA)

Feb 20, 2020 | Business Insurance, Real Estate, Risk Management

A homeowners association (HOA) is crucial for the upkeep of many residential communities. But HOAs can be threatened by a variety of risks and holes in insurance coverage; they have to handle money and hire contractors like a business, insure property like a homeowner...
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