As the year comes to a close, there are several tasks that need to be completed, including closing out the books for 2021. This year-end accounting encompasses processing financial documents, balancing ledgers, and reconciling accounts, which are all important factors that can negatively impact your association’s financial standing in the new year if not properly […]
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Finalizing Your 2023 Budget and Preparing for Annual Review
As we head into November, the new year draws nearer each day. For an HOA community, that means that the countdown has begun to finalize your budget for the upcoming fiscal year and prepare for your organization’s annual review. One of the key responsibilities of an HOA board is to effectively and responsibly manage the […]
Read MoreMore TagReceive $1,000 Credit When You Sign a New HOA Management Contract for 2023
September marks the final quarter of the year, meaning that it’s already time to start planning for 2023. This includes evaluating your current HOA management strategies to determine if they are yielding successful outcomes. If you’re looking for a new HOA management company, we have good news – our end of the year deal is […]
Read MoreMore TagYEAR END PREPARATIONS: BUDGETING
To be prepared for 2023, it is important to have all your budgeting for your HOA community done before November 1st. Preparing an annual budget for an HOA community is not an easy task; it is a complex activity with many steps. A well-defined, well-written budget is a powerful financial tool allowing funds to be […]
Read MoreMore TagSolar Act
As the number of homeowners who have been turning to solar power as a source of clean, renewable energy continues to grow, people in certain neighborhoods have encountered problems due to the restrictions and regulations enforced in their communities. For those living in a community governed by a homeowners association, measures taken by the HOA […]
Read MoreMore TagDues Assessments
Questions frequently arise about why associations raise dues and what the limitations are. HOA fees are determined by the anticipated expenses the association will incur to ensure a safe and clean environment for the community it governs. Expenses increase with inflation or when unexpected damages occur. Association dues can be raised or adjusted through regular […]
Read MoreMore TagAre you up to date on the new HOA Revisions?
As we continuously see changes within the California HOA laws, it can be difficult to keep up with the constant legal revisions. Our team is here to help you keep track of these updates and ensure the corrections in a timely manner to avoid any issues within your association. Below, we have summarized a few […]
Read MoreMore TagIs your HOA prepared for the new balcony inspection law?
Now is the time to begin inspections of balconies and other external structural elements to ensure they are up to the new codes. As of January 1 2020, associations with buildings that have three or more units must inspect load-bearing structures. All first inspections must be completed by January 1, 2025. Going forward, elevated structures must […]
Read MoreMore TagSix Fun Ways to Get Involved in Your Community This Holiday Season
It’s the most wonderful time of the year! The holiday season is upon us, and it’s time to get festive! Here are six ways to get involved in your community this holiday season. 1. Hold a holiday decorating contest Jump in on the holiday spirit by decorating your home for the holidays and creating a […]
Read MoreMore TagGet One Month FREE When Signing Up for A New 2022 Annual HOA Management Contract By The End of 2021
Our end-of-the-year deal is here! For a limited time, Atlantic & Pacific HOA Management is offering a special deal—get one month free when you sign up for a new 2022 annual HOA management contract! These final few months of the year is the best time to evaluate your current HOA management strategies to determine if […]
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