Hillcrest - HOA Management Blog

HOA Rules

What’s The Deal With Homeowners Association Rules (HOA Rules)?

Homeowners association rules play an important role in a community's success. They help maintain peace, order, and harmony. The HOA board is responsible for enforcing these rules. To do that, board members must first understand what rules are, how they affect the association, and what happens when residents violate them.   What are the Homeowners Association Rules? The rules and regulations, also known as operating rules, are part of an HOA's governing documents. These rules expound on the Declaration of…
Denise
May 23, 2025
HOA Fees and Assessments

The Truth About HOA Fees: Worth It or Wasteful?

Living in a homeowners association means paying regular HOA fees. These fees play a vital role in the success and operation of an HOA. Still, many homeowners don't know how these fees function and deem them unnecessary. In truth, no HOA community can survive without these fees.   Define HOA Fees: What Are They? Homeowners association fees are fees that members of an HOA pay to the association. Also known as HOA dues, homeowners agree to pay these fees upon…
Denise
May 15, 2025
Hillcrest Resources

9 Special Ways To Honor The Fallen In HOA Neighborhoods

To honor the fallen in HOA communities means more than flying a flag or posting a sign. It’s a chance for neighbors to come together in meaningful and respectful ways that reflect the true purpose of Memorial Day. From small acts of remembrance to larger displays, HOAs can pay tribute to those who gave everything for the country.   How to Honor the Fallen in HOA Communities Homeowners associations are unique in that they have common areas and shared amenities.…
Denise
May 13, 2025
HOA Board MeetingHOA Meetings

What Is The Open Meeting Act in HOAs?

Both board members and homeowners should familiarize themselves with the Open Meeting Act in HOA communities. This law, found in many states, allows homeowners to attend board meetings. An association's governing documents may also contain similar provisions.   What is the Open Meeting Act in HOA? The Open Meeting Act requires HOAs to keep their board meetings open to all homeowners. Although not a federal law, many states have versions of this law that apply to HOAs and condo communities. Board…
Denise
May 8, 2025
HOA Vendors

The Ins And Outs Of HOA Vendor Contracts

HOA vendor contracts play a crucial role in maintenance and operations. These contracts define the relationship between vendors and HOAs, determining responsibilities and setting expectations. Board members can make better decisions if they understand these contracts and what goes into them.   What are HOA Vendor Contracts? A vendor contract is a legal agreement between the HOA and a third-party service provider. These contracts outline the terms for landscaping, repairs, or maintenance. They define the work to be performed and…
Denise
May 2, 2025
HOA Vendors

How To Choose The Right HOA Vendors

Choosing the right HOA vendors is one of the most important responsibilities of any association. Whether it's landscaping, maintenance, security, or pest control, these vendors aid in the community's daily function and appearance. With so much at stake, board members must use a thorough selection process.   What are HOA Vendors? Homeowners associations are responsible for maintenance, operations, and management. While the HOA board primarily spearheads these activities, board members can't do them alone. Maintenance, for instance, requires the help…
Denise
April 28, 2025
HOA Renters

HOA And Renters Rights In Chicago: A Smooth Relationship

As with any other local area, renters rights also exist in Chicago. This law protects the rights of renters, ensuring they have a safe and habitable place to live. In HOA-managed properties, additional rules could impact tenants. Board members, homeowners, and renters alike should understand these laws and rules.   Understanding Renters Rights in Chicago Renters rights, also known as tenant rights laws, refer to the legal protections for tenants when renting out a property. These rights protect renters by…
Denise
February 14, 2025
HOA FinanceHOA Reserves

How HOA Reserve Funds Protect Your Community’s Future

HOA reserve funds are an important tool for the long-term financial stability of any association. While HOA managers can help maintain and budget the reserves, it is the primary responsibility of the HOA board to manage this fund.   What are HOA Reserve Funds? A reserve fund is essentially a savings account that an HOA sets aside for future major expenses, such as repairs and replacements. This fund is not the same as an operating fund, which is used to…
Azalea
January 22, 2025
HOA FinanceHOA Insurance

Rising HOA Insurance Costs And The Impact On HOA Fees

Rising HOA insurance prices prevent some associations from securing the coverage they need. Even worse, many homeowners are increasing dues to cover the additional costs. Board members must understand the reasons behind these increases and how to deal with them effectively.   What is the Cause of Rising HOA Insurance? For many homeowners associations, insurance is a major expense. In addition to the master policy, HOAs need to acquire various coverage types, including D&O insurance, workers' compensation insurance, liability insurance,…
Azalea
January 22, 2025
HOA FinanceHOA Maintenance

How To Reduce Maintenance Costs In HOA

Managing an HOA budget is like walking a tightrope. You must balance quality services with reasonable costs, all while keeping homeowners happy. Sound overwhelming? Don’t worry—we’ve got you covered! Here’s how you can fine-tune your community’s expenses without sacrificing what makes it unique.
Azalea
December 10, 2024