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NEVER Break Your Own HOA Rules 🚩 #shorts

Even when you want to, you should never break your own HOA rules! Tune in to Episode 45 of HOA Insights where we discuss the importance of keeping true to your community's rules, how to regain trust as the board, and what to do when you're in deep trouble. ----------- HOA Insights: Common Sense for Common Areas exists to help all 2 million volunteer board members nationwide have the right information at the right time to make the right decisions for their future. This podcast is sponsored by Association Insights & Marketplace, Association Reserves, Community Financials, and Kevin Davis Insurance Services. #HOA #HOAboard

Association Reserves

9 days ago

Kevin Davis: Anything involving money people not gonna be happy about if you raise assessments, special assessments you fine penalize, whatever it is. All you have to do is make sure you did one thing, followed your rules. If it says you only can do 3% Then guess what? You can't do more than 3% Unless your board goes before the people live there they say guess what? We need to raise it. 10 15% Because of insurance because of the minutes, because Electric has gone up because of the landscapers ch
arging more money. You can't say guess what we need 10% And we only allowed to do three but we're gonna raise 10% Anyway, Anyway, we're gonna do it anyway. Yeah, because what happens then you're in violation of the covenants.

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