There are about 358,000 homeowners associations (HOAs) in the United States. More than 74 million Americans live in a neighborhood governed by one.
There are many benefits to HOAs. These include basic standards for properties and common amenities. All this helps maintain property values.
HOA boards are responsible for the upkeep of the neighborhood, as well as carrying out community improvement projects. This can look different depending on the neighborhood or condo association you belong to.
Below are the five things you need to know about HOA property maintenance. Keep reading to get a better idea of what to expect from most HOAs and how you might improve services in yours.
1. HOAs Are Responsible for Basic Upkeep
One of the main HOA property maintenance responsibilities is keeping up with communal areas. This can include green spaces and buildings. It also extends to landscaping and fencing.
This also includes amenities upkeep. If your neighborhood has swimming pools, fitness centers, or tennis courts, the HOA is responsible for maintaining them.
Besides upkeep, HOAs must carry out repairs. If an automatic gate or sidewalk needs maintenance, HOA board members are the ones who line up contractors.
2. HOAs Look For Ways to Improve the Community
Besides routine maintenance, HOAs help coordinate community improvement projects. Ideas for these often come from community members, but HOA boards are the ones who are responsible for ensuring the project gets carried out.
Common examples include beautification projects, community gardens, walking trails, and playgrounds. It could include adding amenities to buildings or townhomes.
3. HOAs Are Responsible for the Budgets
Community associations also have to decide how to pay for projects. Most HOAs have annual budgets and financial reports that they approve.
They then make these available to community members. HOAs are also responsible for collecting annual dues from residents. These are often the primary source for community project funding.
4. HOAs Handle Maintenance Requests
These are more common in condominiums, townhomes, or cooperatives, but HOAs can be in charge of maintenance calls. This can entail anything from HVAC repairs to infrastructure improvements. What repairs HOAs are responsible for in individual units or lots should be spelled out in governing documents.
This also can include lining up inspections with state or local regulatory agencies. It is the responsibility of the HOA to ensure that all aspects of community property are up to code.
5. HOAs Must Enforce Community Standards
One of the biggest advantages of HOAs is that they ensure a basic standard for all properties. This helps increase home values and encourages property investment. It also makes communities more enjoyable to live in.
When residents violate community standards, HOA board members must notify them of the infraction. They also are responsible for collecting fines.
Get Help With HOA Property Maintenance
Now that you know the many responsibilities involved in HOA property maintenance, you can make more informed decisions for your community. Hiring a management service can ensure these duties are carried out in a professional manner. It can also reduce stress and free up time for your board members.
PMI Bayou City is a full-service property management company serving the greater Houston area. We offer a range of services, including HOA management, to neighborhoods, townhomes, condominiums, and more. Reach out to us today to schedule a free consultation with an HOA manager.
