Скачать или смотреть HOA Property Management 101 in Minneapolis – The Accounting Process

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An HOA is a homeowner’s association, and if your property is a townhome, you probably have an HOA that is very active in the community. In single family homes, the HOA usually manages the upkeep of the common areas and takes care of things like street lights or plowing the walkways. Townhomes, however, often have more involved HOAs and hire professional Management Companies for advice and to help keep everything on track.

When the HOA hires a property management company, that company is usually in charge of most of the accounting for the association. The HOA manager collects the monthly assessments and keeps track of who is paying on time, who pays late and gets a late fee, and who is...

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