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Fidelity bond coverage is crucial to keeping your Homeowner's Association (HOA) safe from financial losses due to fraud or dishonesty by board members or workers. Here's what you need to know about it, especially in the context of Texas laws. What is fidelity bond...
Wage and hour disputes can be a significant challenge for employers. Understanding and complying with state and federal laws is crucial in Texas to avoid these conflicts. Here is how you can effectively handle wage and hour disputes. Steps to prevent and resolve...
Homeowners' Associations (HOAs) maintain high community standards and property values. But when eminent domain happens, everyone faces unique challenges. Balancing your property rights with community interests becomes tricky. The HOAs must also handle legal details...
Has your HOA reviewed its insurance policies lately? Many associations learn about coverage gaps between their primary and excess policies only after facing costly claims. Understanding these potential gaps is crucial for protecting your community's financial...
As an HOA board member, you are vital to keeping your community's finances healthy and honest. Dealing with financial problems and contract irregularities is crucial to keep things transparent and build trust among homeowners. Here is how you can handle these issues...
Homeowner’s associations are in charge of enforcing the rules of the community to maintain its appearance, property values and, of course, peace between all homeowners. But what do you do when someone refuses to comply? A single warning does the trick for homeowners...
Imagine coming home from work to find your quiet neighborhood transformed into a bustling hub of unfamiliar faces and suitcases. This scenario is becoming common as short-term rentals continue to gain popularity. For Homeowners Associations (HOAs), this trend presents...
Condos and single-family homes within HOAs have distinct insurance needs, creating unique challenges for each type of community. Understanding these differences is essential for HOA board members, property managers and homeowners alike. The key difference The type of...
HOA incidents can strike at any time. Maybe someone tripped and fell in the clubhouse parking lot, or perhaps a resident reported a fire in their unit. When accidents occur, you must act quickly and decisively. The first 24 hours after these stressful situations can...
Accurate worker classification is a crucial matter for any business. Employment classification dictates whether the business needs to withhold taxes, pay unemployment tax and more. Homeowner associations (HOAs) are nonprofit corporations. This means that HOAs are...