HOA UNLIMITED

HOA UNLIMITED

www.hoaunlimited.comHOA Unlimited- is a leading  firm in the homeowner's Association industry specializing in providing exceptional customer service, hospitality, and professional Homeowner's Association management services. Our firm has dedicated its time experience with knowledge to being one of the best management companies, and we have a proven track record backed by multiple years of experience, great relationships, resources, and talented managers. Our Firm Effective Operations: Organized management in residential property ensures that day-to-day operations run smoothly. It involves implementing structured processes and systems for tasks such as management, resident communication, and record keeping. With organized management, property managers can handle these responsibilities efficiently, reducing errors and delays, and creating a streamlined operation.Timely Maintenance: Proper organization enables property managers to stay on top of maintenance and repair needs in residential properties. By maintaining a well-structured maintenance schedule, managers can address issues promptly, ensuring the safety and comfort of residents. Regular inspections, routine maintenance, and efficient coordination with maintenance staff or contractors can help minimize disruptions and maintain the property in good condition.Financial Management: Organized management is crucial for effective financial management in residential properties. It involves maintaining accurate records of income and expenses, tracking budgets, and ensuring timely payment processing. With organized financial management, property managers can monitor financial performance, identify areas for improvement, and make informed decisions regarding property investments and expenses.Resident Satisfaction: Organized management contributes to resident satisfaction. By having efficient processes in place for responding to tenant inquiries, handling maintenance requests, and addressing concerns, property managers can demonstrate their commitment to providing excellent customer service. Organized management also enables consistent communication with residents, ensuring that they are informed about property-related matters and fostering a positive living experience.Compliance and Legal Obligations: Residential property management involves adhering to various laws, regulations, and compliance requirements. Organized management ensures that property managers stay updated on relevant legislation, maintain proper documentation, and fulfill legal obligations such as tenant screening, lease agreements, and safety regulations. By maintaining organized records and adhering to legal requirements, property managers can mitigate legal risks and protect the interests of both the property owner and residents.Planning and Growth: Organized management allows property managers to plan for the future and support the growth of residential properties. By maintaining organized data on property performance, occupancy rates, and market trends, managers can identify opportunities for improvement and make informed decisions regarding property upgrades, marketing strategies, and tenant retention initiatives. Organized management provides a foundation for strategic planning and long-term growth.In summary, organized management in residential property management is vital for ensuring efficient operations, timely maintenance, financial stability, tenant satisfaction, compliance with regulations, and long-term planning. It sets the stage for a well-managed property that provides a positive living experience for residents while also protecting the interests of property owners.www.hoaunlimited.com

  1. MAR 27

    HU 280 HOA Loans How to Get Approved

    The Importance of HOA Borrowing and the Loan Approval Process Homeowners Associations (HOAs) often face significant expenses, such as major repairs, capital improvements, or emergency situations, that may require funding beyond their current reserves. In such cases, borrowing funds through loans becomes a viable option. Understanding the importance of borrowing and navigating the loan approval process are crucial for the financial health and sustainability of the community. 1. Reasons for HOA Borrowing HOAs may consider loans for various purposes, including: Capital Improvements: Funding large-scale projects like roof replacements, infrastructure upgrades, or amenity enhancements. Emergency Repairs: Addressing unforeseen damages from natural disasters or structural failures that require immediate attention. Refinancing Existing Debt: Consolidating or refinancing previous loans to secure better terms or interest rates. Accessing loans allows HOAs to undertake necessary projects without imposing substantial special assessments on homeowners or depleting reserve funds. 2. Authority to Borrow Before pursuing a loan, it's essential to verify that the HOA has the authority to borrow funds: Governing Documents: Review the association's Covenants, Conditions, and Restrictions (CC&Rs) and bylaws to determine if borrowing is permitted and under what conditions. Membership Approval: Some governing documents or state laws may require a vote or approval from the membership before the board can proceed with borrowing. Ensuring compliance with these requirements is vital to prevent legal challenges and maintain transparency with homeowners. 3. The Loan Approval Process The process of obtaining a loan involves several key steps: Preparation: Identify the funding needs, project scope, and repayment plans. Gather necessary documentation, including financial statements, budgets, and project proposals. Lender Selection: Research potential lenders experienced in HOA financing. Consider factors like interest rates, loan terms, and the lender's familiarity with HOA operations. Application Submission: Provide the lender with required documents, such as financial records, governing documents, and details of the proposed project. Lender Evaluation: The lender assesses the HOA's financial health, delinquency rates, reserve funds, and the project's feasibility to determine creditworthiness. Approval and Documentation: Upon approval, the HOA reviews and signs loan agreements, ensuring all terms align with the association's capabilities and legal requirements. Fund Disbursement: Once finalized, funds are disbursed according to the agreement, and the HOA commences the project with a clear repayment plan in place. 4. Importance of Due Diligence Conducting thorough due diligence is essential to ensure the loan aligns with the HOA's financial strategy: Financial Analysis: Evaluate the association's ability to meet repayment obligations without compromising essential services or reserve contributions. Member Communication: Maintain transparency with homeowners by informing them about the borrowing plans, potential impacts on assessments, and project benefits. Legal Consultation: Engage legal counsel to review loan documents and ensure compliance with governing documents and applicable laws. 5. Risks and Considerations While loans can provide necessary funding, HOAs should be mindful of potential risks: Increased Assessments: Loan repayments may necessitate higher regular assessments or special assessments, affecting homeowners financially. Financial Strain: Taking on debt without a solid repayment plan can strain the association's finances and limit future flexibility. Member Opposition: Lack

    4 min
  2. MAR 27

    HU 290 HOA Paving & Parking Lots

    The Importance of HOA Parking Lot Maintenance and Repaving Homeowners Associations (HOAs) play a crucial role in maintaining the community's infrastructure, with parking lot upkeep being a significant aspect. Regular maintenance and timely repaving of parking lots are vital for several reasons:​ 1. Ensuring Safety Neglected parking lots with cracks, potholes, and faded markings can pose serious safety hazards, leading to vehicle damage and personal injuries. Regular maintenance helps identify and address these issues promptly, reducing the risk of accidents and potential liability for the HOA. ​ 2. Enhancing Curb Appeal A well-maintained parking area contributes significantly to the community's overall aesthetics. Clean, newly sealed surfaces with clear markings project a positive image, making a great first impression on residents and visitors alike. ​ 3. Prolonging Pavement Lifespan Implementing routine maintenance practices such as sealcoating, crack filling, and timely repaving can extend the lifespan of the pavement. Addressing minor issues before they escalate prevents more extensive and costly repairs in the future. ​ 4. Compliance with Regulations Properly maintained parking lots ensure compliance with local regulations, including the Americans with Disabilities Act (ADA). Clear and distinct markings are essential for safety and functionality, guiding traffic flow and designating parking spaces appropriately. ​ 5. Financial Prudence Adopting a proactive maintenance plan is cost-effective in the long run. Regular upkeep helps avoid unexpected, large-scale repairs, allowing the HOA to budget more effectively and avoid sudden financial burdens. ​ 6. Resident Satisfaction A safe and visually appealing parking lot enhances resident satisfaction and fosters a sense of pride in the community. It reflects the HOA's commitment to maintaining high living standards, contributing to overall community harmony. ​ In conclusion, diligent parking lot maintenance and timely repaving are essential responsibilities of an HOA. These practices ensure safety, enhance aesthetic appeal, prolong pavement lifespan, ensure regulatory compliance, promote financial prudence, and boost resident satisfaction. Implementing a structured maintenance plan is a proactive approach that benefits the entire community.

    2 min
  3. MAR 27

    HU 279 HOA Tax Secrets IRS Forms

    The Importance of HOA Tax Obligations: Understanding IRS Form 1120-H Homeowners Associations (HOAs) are required to navigate specific tax obligations to maintain compliance with federal regulations. One primary method for HOAs to fulfill these obligations is by filing IRS Form 1120-H, designed specifically for homeowners associations. Understanding the significance of this form and its implications is crucial for the financial health and legal compliance of an HOA. 1. Purpose and Benefits of Form 1120-H Form 1120-H, titled "U.S. Income Tax Return for Homeowners Associations," allows qualifying HOAs to benefit from certain tax advantages. By filing this form, associations can exclude "exempt function income"—such as membership dues, fees, and assessments—from their gross income, thereby potentially reducing their taxable income. 2. Eligibility Criteria for Filing To utilize Form 1120-H, an HOA must meet specific requirements: Exempt Function Income: At least 60% of the association's gross income must come from exempt function income, including membership dues, fees, and assessments. Exempt Function Expenditures: A minimum of 90% of the HOA's expenditures should be for the acquisition, construction, management, maintenance, and care of association property. Residential Use: At least 85% of the units or lots must be used for residential purposes. 3. Tax Rates and Implications HOAs filing Form 1120-H are subject to a flat tax rate on their taxable income: Standard Rate: A flat rate of 30% applies to taxable income for condominium management associations and residential real estate management associations. Timeshare Associations: These associations are taxed at a flat rate of 32%. This flat rate applies to both ordinary income and capital gains. 4. Filing Considerations While Form 1120-H offers simplicity, HOAs may also consider filing Form 1120, the U.S. Corporation Income Tax Return, which could result in a lower tax liability due to graduated tax rates. However, Form 1120 is more complex and requires adherence to standard corporate tax rules. HOAs should compare their tax liabilities under both forms to determine the most advantageous filing option. 5. Compliance and Deadlines Timely filing is essential to maintain compliance and avoid penalties: Due Date: Form 1120-H must be filed by the 15th day of the 4th month after the end of the HOA's tax year. For calendar-year associations, this typically means April 15. Extensions: An automatic 12-month extension to make the election to be treated as a homeowners association is available if corrective action is taken within 12 months of the due date (including extensions) of the return. 6. Importance of Accurate Record-Keeping Maintaining detailed financial records is vital for: Substantiating Income and Expenses: Accurate records ensure that the HOA can support the classification of income and deductions claimed. Audit Preparedness: Proper documentation facilitates a smoother process in the event of an IRS audit. 7. Professional Guidance Given the complexities of tax regulations, HOAs are advised to consult with tax professionals experienced in association taxation. This ensures compliance with federal requirements and optimizes the association's tax position. In summary, understanding and fulfilling tax obligations through the appropriate use of IRS Form 1120-H is essential for HOAs. It not only ensures compliance with federal tax laws but also contributes to the financial stability and credibility of the association.

    3 min
  4. MAR 27

    HU 289 HOAs Fire Alarms & Sprinkler Compliance

    The Importance of HOA Fire Alarm and Sprinkler System Inspections Homeowners Associations (HOAs) have a critical responsibility to ensure the safety and well-being of their communities. Regular inspections and maintenance of fire alarm and sprinkler systems are paramount in fulfilling this duty.​ 1. Ensuring Resident Safety Properly functioning fire alarm and sprinkler systems are essential for early detection and suppression of fires, significantly reducing the risk of injury or loss of life among residents. Regular inspections help verify that these systems will operate effectively during emergencies.  Silcofs 2. Compliance with Legal Requirements HOAs must adhere to federal, state, and local fire safety regulations, which mandate routine inspections and maintenance of fire protection systems. For instance, the California Fire Code, referencing NFPA 25, outlines specific requirements for the inspection, testing, and maintenance of water-based fire protection systems. Non-compliance can result in legal liabilities and fines.  QRFS - Thoughts on Fire Blog +1 National Fire Sprinkler Association +1 3. Preservation of Property and Assets Effective fire protection systems mitigate property damage by promptly addressing fire incidents. Regular maintenance ensures that both fire alarms and sprinklers are in optimal condition, safeguarding the community's physical assets and potentially reducing insurance premiums. 4. Financial Implications Neglecting fire system inspections can lead to costly repairs, increased insurance premiums, and potential legal expenses. Proactive maintenance helps identify and address issues early, preventing minor problems from escalating into major financial burdens. 5. Building Trust and Confidence Regular inspections and transparent communication about fire safety measures demonstrate the HOA's commitment to resident well-being. This proactive approach fosters trust and confidence within the community, contributing to a sense of security and collective responsibility. In conclusion, consistent inspections and maintenance of fire alarm and sprinkler systems are vital for ensuring resident safety, legal compliance, property preservation, financial prudence, and community trust. HOAs must prioritize these activities to uphold their duty of care and maintain a secure living environment for all residents.

    3 min
  5. MAR 27

    HU 278 HOA Fraud Prevention Protecting Your Community

    The Importance of Fraud Prevention and Internal Financial Controls in HOAs Homeowners Associations (HOAs) are responsible for managing community resources and finances. Implementing robust fraud prevention measures and internal financial controls is essential to maintain financial integrity, ensure transparency, and uphold the trust of community members. 1. Understanding the Risk of Fraud in HOAs HOAs are susceptible to various fraudulent activities, including: Embezzlement: Misappropriation of association funds by individuals in positions of trust. Kickbacks: Board members or managers receiving unauthorized benefits from vendors in exchange for contracts. Unauthorized Transactions: Unapproved or concealed financial dealings that compromise the association's financial health. Such fraudulent activities can lead to significant financial losses and erode member confidence. 2. Implementing Internal Financial Controls To mitigate the risk of fraud, HOAs should establish comprehensive internal financial controls: Segregation of Duties: Ensure that no single individual has complete control over financial transactions. For example, the person authorizing payments should be different from the one reconciling bank statements. Dual Signatures: Require two authorized signatures on checks and approvals for significant expenditures to prevent unauthorized disbursements. Regular Audits: Conduct periodic independent audits to review financial records and identify discrepancies. Bank Reconciliations: Perform monthly reconciliations of bank statements by someone not involved in daily financial operations to detect irregularities promptly. Transparent Financial Reporting: Provide regular, detailed financial reports to all board members and homeowners, fostering transparency and accountability. 3. Educating Board Members and Homeowners Awareness and education are vital components of fraud prevention: Training Sessions: Offer training for board members on financial management best practices and fraud detection techniques. Clear Policies: Establish and communicate clear financial policies and procedures to all stakeholders, ensuring everyone understands their roles and responsibilities. Open Communication: Encourage homeowners to participate in meetings and review financial statements, promoting a culture of transparency. 4. Establishing a Fraud Response Plan Having a plan in place to address suspected fraud is crucial: Reporting Mechanisms: Implement confidential channels for reporting suspicious activities without fear of retaliation. Investigation Protocols: Define clear steps for investigating allegations, including involving legal counsel and forensic accountants when necessary. Corrective Actions: Develop procedures for addressing confirmed fraud, such as pursuing legal action and implementing additional controls to prevent recurrence. 5. Benefits of Robust Financial Controls Implementing effective fraud prevention measures and internal controls offers several advantages: Financial Integrity: Protects the association's assets and ensures funds are used appropriately. Member Trust: Maintains and enhances the confidence of homeowners in the board's management. Legal Compliance: Ensures adherence to legal and regulatory requirements, reducing the risk of penalties. Operational Efficiency: Streamlines financial processes, reducing errors and improving decision-making. In conclusion, establishing and maintaining robust internal financial controls and fraud prevention strategies are essential for HOAs to safeguard assets, uphold member trust, and ensure the community's long-term financial health.

    4 min
  6. MAR 27

    HU 288 HOA Pool & Spa Maintenance

    The Importance of HOA Pool and Spa Maintenance and Compliance Homeowners Associations (HOAs) that provide pool and spa amenities must prioritize diligent maintenance and strict compliance with regulations to ensure safety, enhance property values, and foster community satisfaction.​ 1. Ensuring Health and Safety Proper maintenance of pools and spas is crucial to prevent health hazards such as waterborne illnesses and accidents. Regular cleaning, chemical balancing, and equipment inspections are essential to maintain a safe environment for residents. Neglecting these responsibilities can lead to serious health risks and potential legal liabilities for the HOA. 2. Legal Compliance and Avoidance of Penalties HOAs must adhere to federal, state, and local regulations governing public pools and spas. In California, for instance, the Department of Public Health sets specific requirements for pool maintenance and safety features. Non-compliance can result in substantial fines and even facility closures.  CDPH 3. Accessibility Requirements The Americans with Disabilities Act (ADA) mandates that public pools, including those managed by HOAs, be accessible to individuals with disabilities. This includes installing fixed pool lifts or other means of entry. Failure to comply can lead to significant fines and legal action.  The Helsing Group 4. Preservation of Property Values Well-maintained pools and spas enhance the aesthetic appeal of a community, contributing to higher property values. Prospective buyers view functional and attractive amenities as valuable assets, making the community more desirable. 5. Financial Planning and Reserve Funds Establishing reserve funds specifically for pool maintenance and unexpected repairs ensures that the HOA can address issues promptly without imposing sudden financial burdens on residents. Proactive financial planning is essential for the long-term sustainability of these amenities.  HOA Property Management Company I RowCal 6. Community Satisfaction and Engagement A clean, safe, and well-functioning pool area serves as a hub for community interaction, fostering relationships among residents and enhancing overall satisfaction. Proper maintenance reflects the HOA's commitment to resident well-being and community quality of life. 7. Risk Management and Liability Reduction Regular inspections and adherence to safety protocols minimize the risk of accidents, thereby reducing the HOA's liability exposure. Implementing and enforcing clear safety rules is a critical component of effective risk management. In conclusion, meticulous maintenance and compliance with regulations for HOA-managed pools and spas are vital for ensuring safety, legal adherence, financial stability, and community satisfaction. By prioritizing these aspects, HOAs can provide valuable amenities that enhance the living experience and uphold the community's reputation.

    3 min
  7. MAR 27

    HU 298 HOA Utility Sub Metering

    The Importance of HOA Utility Submetering & Cost Allocation Homeowners Associations (HOAs) are responsible for ensuring fair and efficient distribution of utility costs within their communities. Implementing a utility submetering system and an equitable cost allocation strategy is crucial for maintaining financial transparency, promoting conservation, and preventing disputes among residents. 1. What is Utility Submetering? Utility submetering refers to the installation of individual meters for units within a community to track consumption of utilities such as: Water Electricity Gas Sewer Services Instead of a single master meter that bills the HOA for all utility usage, submetering allows for more accurate measurement and billing of each homeowner’s actual consumption. 2. Benefits of Utility Submetering for HOAs A. Fair & Accurate Cost Allocation Submetering ensures that residents pay for their actual usage rather than dividing utility costs equally, which can be unfair to low-usage households. Prevents overpayment by residents who use fewer utilities while discouraging wasteful consumption. B. Promoting Conservation & Sustainability When residents are billed based on actual usage, they tend to be more conscious of their consumption, leading to reduced water and energy waste. Encourages community-wide sustainability efforts, reducing environmental impact. C. Financial Savings & HOA Budgeting Shifts financial responsibility from the HOA to individual homeowners, reducing common-area expenses. Helps the HOA avoid unexpected utility cost overruns, improving long-term budgeting. Minimizes the risk of special assessments or fee increases to cover excessive utility costs. D. Regulatory Compliance & Legal Considerations Some states and municipalities require separate metering for fair billing practices. The HOA must ensure compliance with local laws and fair billing regulations, including disclosure of submetering practices to homeowners. 3. Cost Allocation Methods Without Submetering In communities where submetering is not feasible, utility costs are typically divided using methods such as: Equal Division: Each unit is charged an equal share of the total bill, regardless of usage. Square Footage-Based Allocation: Costs are assigned based on the size of the unit (e.g., larger units pay a higher percentage). Occupancy-Based Billing: Charges are estimated based on the number of occupants per unit. These methods may not always be equitable, making submetering a preferred option when possible. 4. Challenges & Considerations for HOAs Upfront Installation Costs: Submetering requires an initial investment in meter installation, but long-term savings often outweigh the expense. Maintenance & Management: The HOA or a third-party billing company must oversee meter readings, billing, and dispute resolution. Homeowner Education: Residents must understand how billing works and how to monitor their usage effectively. 5. Best Practices for Implementation Conduct a feasibility study to determine if submetering is practical for the community. Hire licensed professionals for installation and maintenance. Communicate billing changes and cost allocation methods clearly to homeowners. Establish a fair dispute resolution process for billing discrepancies. Conclusion Utility submetering and fair cost allocation are essential for an HOA to ensure financial fairness, promote conservation, and improve budgeting accuracy. By implementing a well-managed submetering system or an equitable allocation method, HOAs can reduce unnecessary costs, increase resident accountability, and maintain a well-functioning community.

    3 min
  8. MAR 27

    HU 277 Financial Disclosures

    The Importance of HOA Legal Requirements for Financial Disclosures Homeowners Associations (HOAs) are responsible for managing community resources and ensuring transparency in their financial operations. Adhering to legal requirements for financial disclosures is crucial for maintaining homeowner trust, ensuring compliance with state laws, and promoting sound financial management. 1. Legal Framework In California, the Davis-Stirling Common Interest Development Act mandates specific financial disclosures to HOA members. These requirements are designed to promote transparency and protect homeowners' interests. 2. Annual Budget Report HOAs are required to distribute an Annual Budget Report to all members, typically 30 to 90 days before the fiscal year begins. This report includes: Pro Forma Operating Budget: An estimated financial statement detailing anticipated revenue and expenses on an accrual basis. Reserve Summary: Information on the association's reserves for major repairs and replacements, including current funding status and plans for addressing any shortfalls. Assessment and Reserve Funding Disclosure: A statement outlining whether current assessments are sufficient to cover reserve requirements and any plans to defer major repairs or replacements. 3. Annual Policy Statement Alongside the budget, HOAs must provide an Annual Policy Statement, which includes: Association's Collection Policies: Detailed procedures for collecting delinquent assessments, including any penalties or interest charges. Dispute Resolution Procedures: Information on internal dispute resolution (IDR) and alternative dispute resolution (ADR) processes available to members. Architectural Guidelines: A summary of standards for property modifications and the approval process. 4. Additional Disclosures HOAs may also be required to disclose: Insurance Coverage Summary: Details of the association's insurance policies, including property, general liability, and directors and officers liability coverage. Assessment Collection Policies: Procedures for collecting delinquent assessments, including any penalties or interest charges. Board Meeting Minutes: Access to minutes from board meetings, ensuring members are informed about decisions affecting the community. 5. Importance of Compliance Adhering to these financial disclosure requirements is vital for: Transparency: Ensuring homeowners are well-informed about the association's financial health and operations fosters trust and engagement. Legal Compliance: Meeting state-mandated disclosure obligations helps avoid legal penalties and potential litigation. Financial Planning: Regular disclosures promote prudent financial management and long-term planning for the community's needs. In summary, complying with legal requirements for financial disclosures is essential for HOAs to maintain transparency, uphold legal standards, and ensure effective financial stewardship of community resources.

    4 min

About

www.hoaunlimited.comHOA Unlimited- is a leading  firm in the homeowner's Association industry specializing in providing exceptional customer service, hospitality, and professional Homeowner's Association management services. Our firm has dedicated its time experience with knowledge to being one of the best management companies, and we have a proven track record backed by multiple years of experience, great relationships, resources, and talented managers. Our Firm Effective Operations: Organized management in residential property ensures that day-to-day operations run smoothly. It involves implementing structured processes and systems for tasks such as management, resident communication, and record keeping. With organized management, property managers can handle these responsibilities efficiently, reducing errors and delays, and creating a streamlined operation.Timely Maintenance: Proper organization enables property managers to stay on top of maintenance and repair needs in residential properties. By maintaining a well-structured maintenance schedule, managers can address issues promptly, ensuring the safety and comfort of residents. Regular inspections, routine maintenance, and efficient coordination with maintenance staff or contractors can help minimize disruptions and maintain the property in good condition.Financial Management: Organized management is crucial for effective financial management in residential properties. It involves maintaining accurate records of income and expenses, tracking budgets, and ensuring timely payment processing. With organized financial management, property managers can monitor financial performance, identify areas for improvement, and make informed decisions regarding property investments and expenses.Resident Satisfaction: Organized management contributes to resident satisfaction. By having efficient processes in place for responding to tenant inquiries, handling maintenance requests, and addressing concerns, property managers can demonstrate their commitment to providing excellent customer service. Organized management also enables consistent communication with residents, ensuring that they are informed about property-related matters and fostering a positive living experience.Compliance and Legal Obligations: Residential property management involves adhering to various laws, regulations, and compliance requirements. Organized management ensures that property managers stay updated on relevant legislation, maintain proper documentation, and fulfill legal obligations such as tenant screening, lease agreements, and safety regulations. By maintaining organized records and adhering to legal requirements, property managers can mitigate legal risks and protect the interests of both the property owner and residents.Planning and Growth: Organized management allows property managers to plan for the future and support the growth of residential properties. By maintaining organized data on property performance, occupancy rates, and market trends, managers can identify opportunities for improvement and make informed decisions regarding property upgrades, marketing strategies, and tenant retention initiatives. Organized management provides a foundation for strategic planning and long-term growth.In summary, organized management in residential property management is vital for ensuring efficient operations, timely maintenance, financial stability, tenant satisfaction, compliance with regulations, and long-term planning. It sets the stage for a well-managed property that provides a positive living experience for residents while also protecting the interests of property owners.www.hoaunlimited.com