News & Analysis as of

Homeowners Association (HOA) Budgets

Ward and Smith, P.A.

Budget Ratification: Understanding the Ghost of Budgets PAST When Preparing for the Future - November 2023

Ward and Smith, P.A. on

It's that time of year again.  The holidays are upon us, and the end of the year is drawing near. As we reflect on the past year, many of us begin to look forward and think, "What's next?"  With the New Year right around the...more

Ward and Smith, P.A.

Mo Money, Mo Problems? No Biggie for a Homeowner's Association, Right?

Ward and Smith, P.A. on

Was your community association lucky enough to come in under budget last year? On the surface, this might appear to be a bonus, but if not handled properly, it can quickly turn into an unexpected tax burden. ...more

Woods Rogers

Legal Counsel’s Two Cents on Community Association Budget Considerations

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It is that time of year.  Summer vacations are in the books, schools are in session, and pumpkin spice lattes are back on tap.  These signs of Fall also mean many Virginia community associations are in budget season....more

Woods Rogers

Hindsight is 2020 – A Look Back at Impact of COVID-19 on Community Associations Focuses Efforts Moving Forward

Woods Rogers on

Since March 2020, society has learned how to navigate through and adjust to many upheavals and changes caused by the COVID-19 pandemic. This is certainly true for community associations conducting business and carrying out...more

Ward and Smith, P.A.

Some, But Not All: How the North Carolina Planned Community Act affects Pre-1999 Planned Communities

Ward and Smith, P.A. on

In 1999, the North Carolina General Assembly enacted the North Carolina Planned Community Act ("Act") as Chapter 47F of the North Carolina General Statutes. The Act was intended to establish certain rights for property...more

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