How to Maintain a Property Management Budget

The homeowner’s association (HOA) board, often in conjunction with a property management firm, is responsible for upholding the rules and regulations of the community, collecting assessments, and using the money provided by homeowners to see to the upkeep of the community. Some HOAs are responsible for maintaining building exteriors while others limit their management of the property to common areas, including landscaping, pool areas, club...

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