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Trendspotter: How PropTech Helps PHAs in Unpredictable Funding Landscapes

MRI Software

The best solutions combine ongoing tech innovation, guidance from industry experts, and development in lockstep with HUD leaders to support the rollout of new regulations, such as NSPIRE and HIP. Enhancing Tenant and Applicant Communication Tenant and applicant communication can be a major administrative burden.

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The property management software buying guide: How to choose the best multifamily property management software

Buildium

The software should capture, track, and assist in screening applications for multiple units, as well as send, sign, and store leases electronically. Look for the ability to generate and send 1099s electronically, as well, so youll be prepared well ahead of tax season.

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How a condo/HOA attorney might navigate new Florida laws

Condo Control

Websites and records All HOAs that contain 100 parcels or more must maintain a website or application that can be downloaded through a phone, states HB 1203. Similarly, HB 1237 requires condo associations with 150 or more units (excluding timeshare units) to have a website or application that complies with specific obligations.

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Run better HOA board meetings: Tips and tools for association managers

Buildium

Additionally, you should monitor compliance with governing documents and legal requirements, aligning all actions with the community’s standards and regulations. Online Voting Systems Online voting systems can streamline the decision-making process, allowing board members to cast their votes electronically.

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AI In HOAs: Is It Good For The Industry?

HOA Managememt

As AI technology advances, its potential applications within HOA communities are growing. AI can also assist in ensuring compliance with legal requirements and regulations. The industry’s future certainly looks promising. How to Use AI in the HOA Industry The use of AI in HOA communities is multifaceted.

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12 Tasks for Property Management Automation

Second Nature

It can involve using single-family property management software to streamline tasks such as rent collection, applicant screening, property maintenance requests, and accounting, among others. Various tools on the market can automatically generate renewal reminders, send them to residents, and draft lease agreements for electronic signatures.

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Fair Play in Housing: Ensuring Compliance with Fair Housing Laws

Real Property Management Chicago

Keep reading to learn the nitty-gritty of fair housing regulations, common compliance problems, and ideal practices for rental property owners and managers. Understanding Fair Housing Laws Finding out which federal, state, and local laws may be applicable to your rental property depends on its place.