When you think of a Homeowners Association (HOA) you might think of code enforcement, security, or annual fees. However, many HOAs are responsible for common areas such as conservation areas, playgrounds, sport or exercise facilities, street lights as well as golf courses. Maintaining common areas or other facilities with an operations management software will help resale values as well as lower liability claims from accidents.
The Homeowners Association has a number of items to keep track of on a daily basis, such as street lights, playgrounds, conservation area, and exercise facilities. It is important to know all your assets to make sure their functionality is operating at its peak and if repairs/replacements need to take place they are reported and in production.
Homeowner Associations usually have local and government restrictions which could be hard to document without a proper system. Document management allows HOA officials to document all licenses, contracts, and restriction documentation for easy access.
HOA Blog Posts
Discover how Home Owners Associations are integrating EAM CMMS software into their foundation to protect property owners and their assets.