Navigating Home Modifications within HOA Guidelines
Owning a home often entails the freedom to personalize, but for those in a homeowners association (HOA), this liberty has its limits. While homeowners can generally paint the exterior purple or park a vintage car in their driveway, HOAs impose restrictions outlined in covenants, conditions, and restrictions (CC&Rs), especially concerning external modifications. Understanding HOA Guidelines: A Crucial Step CC&Rs, unique…
HOA Budgeting, HOA Financial Management
Demystifying HOA Budgets: A Crucial Element in Community Management
Homeowners Associations (HOAs) often face scrutiny, with some perceiving them as a financial burden. However, understanding the intricacies of HOA budgets reveals their indispensable role in maintaining community amenities like clubhouses, pools, and sports facilities. The treasurer, typically a member of the HOA board, manages these funds, ensuring responsible financial stewardship to benefit all homeowners. Budget Basics: Revenue and Responsibility…
How HOA Rules Shape Your Homeownership Experience
Homeowners associations (HOAs) are a ubiquitous presence in residential communities, with 74 million Americans residing in HOA-governed neighborhoods in 2021. These associations impose a plethora of rules, ranging from seemingly mundane restrictions on pets and trees to specifications about your home’s exterior aesthetics, like roofing and paint colors. While it might be tempting to question the necessity of adhering to…
City Property Management Ranks as a 2022 Top Arizona Company
We’re delighted and grateful to announce that we placed as one of the 2022 Top Companies to Work for in Arizona. This 9th annual award represents the best organizations across the state in three size categories and is voted on exclusively by employees. Our team voted, and we’re proud to say that City Property Management ranked within the 34 medium-sized…
USPS Rate Increase Beginning July 2022
After being proposed in April by the United States Postal Service (USPS), the Postal Regulatory Commission (PRC) has approved rate increases beginning July 10, 2022. The proposed increase was approved to catch up with current inflation and most of the changes have been made to First-Class Mail®. The full rate changes can be viewed here but some of the key…
Introducing Core Values at City Property Management
Admin Appreciation Day was April 27th and we celebrated the day with fun team-building activities, goodies for our group, and a company introduction to our new Core Values. At City Property Management we value our company culture and high level of care, so we’ve introduced ten Core Values as our collective guiding philosophy for exceptional service and sustained growth. These…
Seven New Communities Welcomed to City Property Management Since New Year
Sincuidados Homeowners Association Since the beginning of 2022, City Property Management has continued to grow with the addition of seven new communities in less than six months. The Preserves Condo Home Association in Phoenix was the first community to join CPMC this year. The 108-unit gated condominium community sports a sparkling pool and prime location. We welcomed three new communities…
City Property Management Ranks as an AZ Republic 2021 Top Workplace
Highest Ranked Arizona HOA Management Company Every year the Arizona Republic ranks the best valley businesses to work at in various size categories and industries. This year, City Property Management proudly ranked #25 in the small company category. There were over 70 other companies in the small company category with employee sizing ranging from 35 to about 140 team members…
USPS Raises Rates in August 2021 What Does that Mean for HOAs?
After being proposed in June by the USPS, the Postal Regulatory Commission (PRC) has approved rate increases beginning August 29, 2021. The full rate changes can be viewed here but some of the key increases for HOAs are: First-Class Mail® is increasing 6.8% across the board Certified Mail® is going up 4.2% from $3.60 to $3.75 Stamped mail will be…
West Valley Master Plan Community Sierra Montaña Joins in 2021
We’re Proud to Welcome Master Plan Community Sierra Montaña Ending the year on a strong note, City Property Management is proud to welcome master plan community Sierra Montaña to our ever-growing family. “We are thrilled to have the opportunity to serve the community,” said Vice President of Client Relations David Jones. “We believe that at City Property Management we are…
City Property Ends Year With Addition of Four New Communities in Fourth Quarter
It has been a busy end of year at City Property Management. Four new communities from all around the Valley have joined the company’s client list with ranging sizes, types, and locations. “Our steady growth has been a high point of 2020 for us,” said President Brian Lincks. “We’ve managed to sail uncharted waters this year and come out ahead…
City Property Management Continues Philanthropy with 2020 Scholarship Award
City Charities, a five-year-old City Property Management philanthropic continuous endeavor, provides a scholarship each year. The purpose of the scholarship is to make a meaningful and personal impact to college students. The nominees do not need to attend Arizona universities or colleges and the scholarship winner is picked by the City Property Management team. All submission essays are provided to…
City Property Management Welcomes Four New Communities in Second Quarter of 2020
Florenza by Meritage Homes in Peoria City Property Management continues its growth in the Valley with the addition of four new communities starting in May and June. “We are continuing to expand our portfolio with the addition of these unique communities,” said President Brian Lincks. “We look forward to bringing our innovative technology and outstanding customer service to these associations…
Why a Homeowners Association Should Consider a $5 Million Umbrella Policy
There are many different kinds of insurance that a homeowners association (HOA) should carry to protect the community and the investment of its residents. From property insurance to directors and officers insurance, there are different policies to protect different aspects of the HOA. But nowadays, basic insurance isn’t what is best for HOAs anymore, which is why more and more…
What Insurance Does Your Homeowners Association Need?
Though an absolutely vital aspect of any homeowners association’s (HOA) management, insurance is frequently overlooked. Often reviewed only as a budget line item, most communities do not take the time each year to reevaluate the changing needs of the community when it comes to insurance. Ensuring the community is properly covered against risk is not just often a requirement of…
In-House Collection
At City Property Management, we have more than four decades of experience serving HOA communities throughout Arizona. Our Phoenix-based homeowners association management firm is committed to helping our clients effectively manage their finances and for this, we have a diligent and experienced team of in-house accountants that offer a full range of collection services for your HOA. City Property Management…
How to Notice the Markings of a Good HOA when House Hunting in Phoenix
If you are searching for a home in the greater Phoenix area, you are likely going to find that most available listings are part of planned communities and managed by a homeowners’ association (HOA). Choosing a home that offers an HOA that is not only well-run, but also easy to deal with is important. No one wants to purchase a…
How HOA Boards of Directors Decide Which Services They Provide Their Residents
Homeowner associations (HOA) are becoming more common in Arizona, with a majority of new developments managed by an HOA. HOAs can be divided into two primary types: condominiums, which are where owners have proportional ownership of the common areas, and planned communities, where the HOA actually owns the common areas. Distinguishing between the two is important because different Arizona laws…
HOA Fees
Are HOA Fees Tax Deductible?
If you decide to join a homeowners’ association (HOA), you agree not only to comply with the rules outlined in the covenants, conditions, and restrictions (CC&Rs) document but also to pay the fees the HOA charges. HOA fees typically cover services such as maintenance of common areas, landscaping, and other property maintenance responsibilities. If you are like most homeowners, you…
Understanding Common Interest Developments and How They Work in Arizona
Common interest development (CID) refers to a form of real estate where every owner has exclusive rights to certain parts of the property. These parts are referred to as units. They have shared rights to other parts of the property which are called common areas. If, for example, one would like to have a pool, but they cannot afford it,…
