Send us a textToday we explore how state laws affect HOA management, from budget increases to securing homeowner approvals. Navigate your HOA's legal landscape with ease!  ❗Join our LIVE Podcast April 1st 2024 on Youtube! 👉  https://www.youtube.com/watch?v=24KbKsKyoNY✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/ Today Robert and Kevin have special guest attorney Melissa Garcia on to answer a question from a listener: How do you increase your HOA dues to reflect inflation but have bylaws preventing 5% increases without voting with homeowners. Learn how legislative changes and legal requirements like these impact budget increases, homeowner approvals, and overall community governance. This episode offers practical advice for HOA board members and homeowners on understanding and leveraging state laws to foster a thriving community.Get in contact with Melissa Garcia: https://altitude.law/Chapters from today's episode: When State Laws Make Leading An HOA Challenging00:00 Getting people on board for your HOA budget for state laws 01:15 Intro from Robert Nordlund 02:22 HOA Question - Increasing your budget for inflation but bylaws require homeowner approval for anything over 5%  03:27 Answer from Melissa Garcia about HOA financial bylaws and budget increases 06:28 Preparation, information, and education is key for homeowner buy-in! 11:53 Have your HOA Board over-communicate to homeowners 16:44 Ad - Community Financials  17:21 Kevin & Robert responds to Melissa’s response about raising assessments 22:07 Avoid getting sued by making “informed decisions”  25:44 Talk about the upsides - home value increasesPodcast Links:Full Episode ListWatch On YoutubeEngage in the conversation! Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to [email protected] yourself or a Board Hero you Know!Board Hero NominationsBoardmember Merch Store!Connect with Hosts on LinkedInJulie AdamenKevin Davis, CIRMSRobert Nordlund, PESupport Our SponsorsAssociation Insights & MarketplaceAssociation ReservesCommunity FinancialsKevin Davis Insurance ServicesStokelight Video & MarketingThe Inspectors of Election

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