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5 HOA Committees All Utah Communities Should Have

HOA Strategies

While every HOA has different needs, these five committees can benefit every Utah HOA: 1. Responsibilities include supporting the Board in preparing the annual budget and reviewing financial reports. If your Utah HOA needs help strategizing the best committees to help guide the decisions being made, contact us today.

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New Fannie Mae Changes and Their Impact on Utah Community Associations

HOA Strategies

Fannie Mae, the mortgage loan guarantor, has recently changed its policy on how it treats Utah community association properties. Q3: Has an engineer’s report and/or inspection been completed in the past 5 years? This new standard will be taking effect on January 1, 2022, and will be in effect until further notice.

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All About the HOA Board of Directors (Your HOA Governance Questions Answered!)

HOA Strategies

What are the legal duties of an HOA Board Member in Utah? The state of Utah specifies three legal responsibilities that every board member must adhere to: the duty of good faith, the duty of care, and the duty of loyalty. Who is eligible to serve on a Utah HOA Board of Directors? These committees report directly to the board.

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Laying the Groundwork for the Perfect HOA: Your Governing Documents

HOA Strategies

After 15 years working side by side with homeowners associations throughout Utah, I’ve spent a lot of time considering the idea of “the perfect HOA.” All eight of the following documents are recommended for every community association in Utah, but the first four are ordered in a very specific manner.

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ASAE Annual Meeting 2016: Come see the new version of TopClass LMS!

WBT Systems

We are excited to be heading to ASAE Annual Meeting & Expo 2016 in Salt Lake City, Utah from August 13-16 ! Seamlessly share data between your systems with our comprehensive, two-way LMS to AMS integration for improved planning and reporting. Visit our Integration page to find out more.

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Tragedy in paradise: Maui wildfires impacting community associations, CAI members

Ungrated

history, killing more than 100 people, reports The Washington Post. George, Utah, recently spoke with Doug Lefler, CMCA, vice president of the Maui division of Hawaiiana Management Company, Hawaii’s largest association management company. Homes, condominiums, schools, and businesses were reduced to rubble by the fast-moving inferno.

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Building standards: Improving structural integrity requirements for condominiums

Ungrated

Reserve studies for condominium associations are currently required in nine states: California, Colorado, Delaware, Hawaii, Nevada, Oregon, Utah, Virginia, and Washington state. Washington statutorily encourages associations to have a reserve study performed every three years unless doing so would impose an unreasonable hardship.

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