A Small Association refers to a homeowner association (HOA) with a limited number of units or properties, typically fewer than 50. They often operate with a smaller budget and fewer resources compared to larger associations.
A Small Association refers to a homeowner association (HOA) that manages a few properties, usually less than 50. This type of HOA is typical in small residential buildings, townhouse complexes, or small communities. The defining characteristic of Small Associations is their size, which significantly influences their operations, budget, and management style.
Small Associations carry out the same basic functions as larger associations, including the enforcement of community rules, maintenance of common areas, and collection of dues. However, due to fewer resources and a smaller budget, they may have fewer staff and rely heavily on volunteer work from homeowners. Additionally, they may not offer as many amenities as larger associations.
Management of Small Associations can be a challenge due to limited resources. While some small associations may hire a property management company, many choose to self-manage to save on costs. This often means that board members take on multiple roles and responsibilities, from overseeing maintenance and repairs to handling financial management and dispute resolution. Despite the challenges, successful management of a Small Association can result in a tightly-knit community with well-maintained properties and satisfied homeowners.
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