Were you aware that there are over 2,500 HOAs in Idaho?
As more homeowners see how appealing community living is, this number will keep climbing. The only issue is that not all Boise HOAs are managed the same way.
What does a responsible HOA board do? Read on for our HOA board guide.
HOA Management
The primary responsibility of the HOA board is to manage the community in an effective manner. This involves enforcing rules and regulations that are outlined in the documents that govern the HOA, such as the CC&R. The board ensures that residents adhere to these rules to maintain harmony and protect property values.
Rentals in HOA Community
In Idaho, many HOAs have regulations about rentals within the community. The board may establish guidelines for rental properties to maintain a balance between owner-occupied homes and rental units. These guidelines may include restrictions on the following:
- Number of rental units allowed
- Lease terms
- Tenant screening requirements
HOA Property Maintenance
Another vital responsibility of the HOA board is to oversee property maintenance within the community. This includes maintaining the following things:
- Common areas
- Landscaping
- Infrastructure such as roads and sidewalks
The board may hire contractors or property management companies to ensure that maintenance tasks are carried out in an efficient way.
HOA Fees
HOA fees are essential for funding various aspects of community maintenance and management. The board is responsible for setting and collecting HOA fees from residents. These fees often cover the following expenses:
- Landscaping
- Maintenance
- Insurance
- Administrative costs
It's crucial for the board to establish reasonable fees that adequately cover expenses without burdening residents.
HOA Board Members
The HOA board is composed of elected members who serve the interests of the community. Board members are responsible for making important decisions regarding the HOA's finances, rules, and policies. They must act in the best interest of all residents and represent their concerns effectively.
In addition to these key responsibilities, HOA board members in Idaho must also do the following:
Communicate Effectively With Residents
Keeping residents informed about HOA policies, projects, and community events is vital. This keeps trust levels healthy in the community.
Resolve Disputes
The board may be called upon to mediate conflicts between residents. They may also enforce disciplinary actions for violations of HOA rules.
Attend Meetings
Board members need to be present at board meetings. They do this to discuss community issues, make decisions, and plan for the future.
Stay Informed
Keeping up-to-date with Idaho state laws for HOAs is crucial. Board members also need to keep HOA regulations and best practices in mind.
Does Your HOA Board in Idaho Need Help?
HOA board members in Idaho have a range of responsibilities aimed at maintaining the integrity and value of the community. By managing HOA affairs, addressing residents' concerns, and more, the community can flourish. The board's efforts will keep all residents interested in sticking around.
Sometimes HOA communities need help to be as fabulous as possible. Contact PMI Treasure Valley to learn about our Boise association management solutions. We've been uplifting local communities for over two decades.
