Should HOAs Use Reserve Funds to Fill a Budget Gap?

COVID-19 has brought economic hardships to individuals and businesses across the world. Community associations are no exception. For example, there are increased cleaning and maintenance protocols, and higher expenses along with it. At the same time, dues collection can be challenging. Owners cringe at special assessments. Communities may be looking at reserve funds to cover some of these expenses. Reserve funds are typically set up to prepare for future expenses. However, with hardships occurri [...]

Helping Associations Get to the “New Normal”

After months of mask wearing and social distancing, it's probably safe to say all association residents and their guests would like to get back to the daily island life we enjoyed just a few months ago. We expected to take the next step forward in August, when Governor Ige announced lifting the quarantine for transpacific arrivals, with a negative COVID-19 test. Based on dramatically rising COVID-19 numbers on the mainland, that plan has been deferred until at least September. Maui County has h [...]

COVID-19: HOW CAN YOU KEEP YOUR BUILDING CLEAN?

Each condominium complex and their residents can practice routine cleaning of frequently touched surfaces with household cleaners and EPA-registered disinfectants that are appropriate for the surface, following label instructions. It is advisable to discuss and let owners and guests know the extra cleaning procedures you implement. These are the areas to focus on for extra sanitation: Tables Doorknobs Light switches Handles Desks Toilets Trash chute handles Sinks Elevator buttons (inside and out [...]

Condo and Homeowner Association Questions During COVID-19

Emergency orders due to COVID-19 result in many questions for HOAs and Condominium Associations. Here is a general guideline for frequently asked questions. Question: How does my association conduct an annual meeting during the COVID-19 Pandemic? Answer: It’s difficult but not impossible to meet your Annual Meeting requirement. An annual meeting is meeting of the association of owners, not a regular board meeting, and operates under a different set of restrictions. This includes the date or ti [...]

Reducing HOA Property Risks

Amenities add value to communities. Having a place to gather, play tennis or other recreation activities can be the centerpiece of the neighborhood on Maui. And since all members chip in through HOA fees, perks can be provided at a reasonable cost. However, amenities are not without risk A Homeowners Association is open to liabilities providing such amenities. It’s important to be fully aware of risks and take appropriate steps to minimize them. It may mean saving a lot of money down the road. [...]

Is Your HOA Board at a Stalemate?

If your HOA board is plagued with constant bickering, morale problems, or just an overall lack of productivity and follow-through, they are not serving their community well. There are many professional approaches to solving these issues. Many boards hire experts in team building. Here’s why that approach often doesn’t work. An ill-tempered and dysfunctional board is likely just the outer layer of larger foundational problems such as leadership or policy issues. Having members, who probably don [...]

Hawaii’s Employment Dilemma

Hawaii’s economy may be in a good place, according to Carl Bonham, director of the University of Hawaii Economic Research Organization (UHERO). However, any employer looking to fill open positions will tell you it is tough to find workers. Maui is not alone in suffering from lack of workforce. Low unemployment is affecting all counties in Hawaii. Maui’s low point came at the end of 2017 when the unemployment was 2.2 percent. It has now risen to 3.1 percent according to UHERO data. That figure [...]

6 Community Reminders For a Fun & Safe Summer

June officially starts the summer season on Maui. School’s out and there are more families on the island. That means it’s a good time to send out reminders to residents on community rules and procedures. We know it can be hard to think of everything, so use the list below to start sharing reminders on your digital bulletin and monthly newsletters to help avoid violations and keep residents happy and safe. Traffic and Walking Paths With school out and more kids around, an extra reminder to resi [...]

Do You Have Adequate D & O Insurance?

Condominium boards and homeowner associations are responsible to act in the best interest of owners in the community. Often this requires making difficult decisions. These decisions can affect other owners or people doing business with the association. If a dispute arises over a decision, board members can be sued, along with the association. Just about everyone has something to lose in a lawsuit. Having the proper insurance coverage is key to protecting one's assets while serving on a board. [...]

Supported Self-management for HOA’s

Self-Management with support is an option for your Maui community. Over one third of condo communities and homeowner associations (HOAs) across the country are self-managed, hiring professional services for specific needs, according to the Community Associations Institute (CAI).  If you have 100 units/homes or less or have a high level of board participation you are a prime candidate to self-manage with support.  Support primarily entails financial management services, including and our suppor [...]

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