Every community association in Orlando has a Board of Directors which is elected by the homeowners. These are volunteers who execute a wide variety of tasks that you are probably not aware of. Their work affects every resident in your association. Today, we’re helping you understand some of the work that boards do on behalf of their communities.
HOA Boards Create and Enforce Community Association Rules
One of the most important things a board can do is to create and enforce association rules. Some residents don’t like being told what they can and can’t do at their own home. However, the board makes these rules by looking out for the greater good. You might not like one or two rules in particular, but having a consistent set of requirements and responsibilities can help the entire association work and live together smoothly. By enforcing the rules that are written, the board will keep property values up and conflicts down. Most community association boards want to do whatever is good for the majority of homeowners and hopefully all residents.
HOA Boards are Responsible for Collecting Assessments
A major responsibility of any association board is to collect assessments from homeowners. These are important for the stability and effectiveness of your association. The assessments are likely to pay for all the common elements enjoyed by every resident. Usually, the assessments cover amenities such as pools, the clubhouse, ponds, lakes, roads, and sidewalks. Landscaping is usually paid for by your assessments. Collecting this money from all homeowners is an important way to replenish the reserve funds that the association needs. There may be major repairs that are currently needed or perhaps the board is planning and budgeting for repair needs and projects down the road. The Board of Directors is responsible for the association’s finances, and the assessments keep them solvent now and in the future.
HOA Boards Have Hiring and Negotiating Power
Finally, the board acts on behalf of the association by hiring property managers, attorneys, contractors, and other professionals who work hard to make your community a better place to live. They conceive of, lead, and implement projects that will benefit your community and improve your quality of life. It’s a big job, but most of the board members we meet are happy to work on your behalf and make your community a great place to call home.
We recommend that you become as involved as you can with your local community association board. Talk to board members, attend an upcoming board meeting, or run for a seat on the board in your next election. When there are more people looking out for our community associations, we’ll have stronger communities and better neighborhoods.
At HomeRiver Group, we do a lot of work with association boards and HOAs. If you’d like to learn more about how we can help you, please don’t hesitate to contact us at HomeRiver Group in Orlando. We’d love the opportunity to learn more about your community and how we can help you grow.