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HOA

Single Family Home Costs vs. HOA Costs

The decision to buy a single-family home vs a condominium on Maui is an important one. Home buyers on Maui are turning towards condominiums- more people purchased condominiums on Maui last year than single-family homes, and the median price was significantly less. Yet the idea of home ownership is often centered around a house than a condominium. Some buyers are concerned about HOA (home owner association) fees, and what that would add to their monthly payment. However, to make a fair comparison [...]

2020-02-29T23:28:35-10:00Community, LC Featured, Learning Center, Lifestyle|
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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. [...]

2019-03-27T22:25:54-10:00Community, HOA Rules and Regs, LC Featured, Learning Center|
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Solid ideas to get members to the annual HOA meeting

When there is a contentious issue, such as raising dues or a major policy change, attendance at a homeowners association meeting may be high. But what about a “regular” annual meeting with little earth shattering business? Associations often have trouble getting necessary participation when homeowners are relatively happy and content.Here are 3 quick tips to help increase attendance at your next annual meeting. Incorporate Member Feedback Homeowners may have questions, or want to express ideas [...]

2019-03-11T08:17:44-10:00Community, LC Featured, Learning Center|
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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 [...]

2019-02-25T10:51:50-10:00Community, HOA Rules and Regs, LC Featured, Learning Center|
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Association Updates from the DCCA

Condorama IV The Department of Commerce and Consumer Affairs (DCCA) hosts a regular event, Condorama, that is a wealth of information for condo boards and association members. The most recent Condorama IV was presented on Nov. 17, 2018 at the State Capitol. If you missed it, a recording of the seminar is posted to the Commission’s YouTube Channel along with recordings of the prior three Condorama events. Upcoming Community Associations Institute Hawaii Event CAI Hawaii is an organization that [...]

2019-01-09T17:15:25-10:00Community, HOA Rules and Regs, LC Featured, Learning Center|
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Generational Views on Homeowner Associations

Whether homeowner associations (HOAs) are looked upon favorably can be tempered by several factors, including owner age, gender, and previous experience with HOAs. Sometimes not knowing what an HOA is all about is a surprise for new owners. “If you are considering purchasing a property that is governed by an HOA, you should thoroughly understand how these associations work before you buy,” said Investopedia. The reason for this is because HOA’s have rules that can affect your lifestyle- some s [...]

2018-12-26T10:59:38-10:00Community, HOA Rules and Regs, LC Featured, Learning Center|
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