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Spectrum Association Management, LP offers this information for educational purposes only and not as legal advice. The information provided in these articles does not create a client relationship between you and Spectrum Association Management, LP, nor are these articles a substitute for legal advice. The contents of these articles are subject to change without notice. You should not rely or act upon the contents of these articles without seeking advice from your own attorney. Spectrum Association Management, LP is not a law firm. Spectrum Association Management, LP provides information in these articles as a general resource to clients and other interested readers. By making available access to these articles, (i) Spectrum Association Management, LP is not purporting to render legal or other professional advice or opinions on specific facts or matters and (ii) Spectrum Association Management, LP is not creating or intending to create a client relationship between you and Spectrum Association Management, LP.

Dallas HOA Property Management

Monday, February 20, 2012 By: Spectrumblogger

Some residents throughout Dallas and Fort Worth think homeowners associations and condominium associations (generally called community associations) exist just to tell them what to do—or not do. Actually, these Dallas HOA’s are more like a housing management or service-delivery organization that provides three types of services to all residents—owners and renters alike

  • Community services - these can include securing trash collection, publishing newsletters, orienting new owners, holding community-wide information meetings, and scheduling recreational and social functions.
  • Governance services - these can include ensuring that residents are complying with the association’s governing documents, that the association is adhering to local, state, and federal statutes (like fair housing laws), enforcing community rules and policies, administering design review policies, and recruiting new volunteer leaders.
  • Business services – these can include operating the common property efficiently, bidding maintenance work competitively, investing reserve funds wisely, developing long-range plans, and equitably and efficiently collecting assessments.

Providing these services requires good management from a professional property management company, strong planning and organization, and carefully monitoring the association’s affairs. It isn’t easy, but by fairly and effectively delivering these services, community associations protect and enhance the value of individual homes and lenders’ interests in those homes.

Spectrum Association Management is a Dallas homeowners association, Dallas condominium association and high rise association management company serving Dallas, Fort Worth, San Antonio, Houston and Austin areas. To learn more about Spectrum Association Management visit us at http://www.spectrumam.com/ or to request a quote for management click here. Also be sure to “like” us on Facebook by clicking the following link: http://www.facebook.com/spectrum.association.mgmt.

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