Homeowners Association Management: The Key To Harmonious Neighborhoods
Everyone enjoys living in a neighborhood that's well taken care of and full of exciting amenities. A homeowners association ensures that a community runs smoothly and is a wonderful place for residents to live. Around 18% of people in the United States live in an HOA community.
It can be time-consuming to be in charge of an HOA. This blog will discuss why you need to hire a homeowners association management company in Louisville. Partner with an experienced company that gives you the peace of mind you need.
Wide Range of Expertise
HOA boards have many tasks on their to-do lists and areas of the neighborhood they need to oversee. This can include:
- Maintaining common areas
- Investigate complaints
- Acting as a mediator when necessary
- Collected HOA dues
- Managing the finances
It can be difficult to find HOA board members who have significant experience in the above areas. HOA management companies are familiar with every aspect of dealing with these types of communities. You can trust them to draw from their wealth of knowledge to help you navigate whatever you encounter when running an HOA.
Ensure Compliance
There aren't any specific state statutes that regulate HOAs in Kentucky. However, as an HOA board member, you need to ensure your organization stays out of legal trouble. Keep in mind that HOAs that organize as a nonprofit need to abide by the Kentucky Nonprofit Corporation Act.
There are laws in place that prohibit unfair housing practices. Potential residents and tenants can't be discriminated against because of the following:
- Race
- Gender
- Religion
- Familial status
- National origin
- Disability
An HOA management company will ensure you stay in compliance with state and federal laws that govern housing.
Community Maintenance
One of the most important responsibilities of an HOA is maintaining the community and upholding the neighborhood theme. The goal of community maintenance is to ensure the space is safe and attractive. If your neighborhood is starting to deteriorate because it's not getting enough attention, it might be time to hire an HOA management company.
An HOA management company can help with the following things:
- Hiring vendors to landscape common areas
- Repairing shared amenities
- Addressing homeowner-reported issues
Your HOA property manager will stay on top of scheduled routine maintenance appointments. They'll also have long-term relationships with various companies and contractors in Louisville. They'll know who to contact in the event something needs to get fixed, ensuring the job gets executed correctly and at a fair price.
Hire an Experienced Homeowners Association Management Company in Louisville
A homeowners association management agency will ensure your HOA community operates seamlessly. The quality of life of everyone who lives in your neighborhood will improve as they can enjoy a well-taken care of community. Partnering with an experienced company is key to the success of your HOA.
PMI Louisville is here to assist with managing your HOA. Whether you need help with community unity or something else, we're here to help. Reach out to us to schedule a consultation with one of our property managers.
