HOA My Way Glossary

Accounts Payable

Accounts Receivable

Accrual Accounting

Action Item

Ad Hoc Committee

Amenity Reservation

Amenity Reservation System

Announcement

Annual Meeting

Appeal / Hearing Process

ARC Workflow / ARC Tracking

Architectural Control

Architectural Request

Articles of Incorporation

Assessments

Asset

Association

Audit

Audit Trail

Automation

Balance Sheet

Bank Lockbox

Bank Reconciliation

Board Meeting

Board of Directors

Budget

Bylaws

Capital Contribution Fee

Capital Improvements

Cash Accounting

CC&R’s

Chart of Accounts

Cloud Storage

Collections

Collections Policy

Committees

Common Area

Communication Log

Community Map

Community Newsletter

Community Website

Compliance Letter

Compliance Log

Condo Rider

Condominium Association

Conflict of Interest

Cost Center

Courtesy Notice

Declaration

Delinquency

Design Guidelines

Digital Voting

Directors & Officers Insurance

Disclosure Packet

Document Storage

Dues

Easement

Enforcement Policy

Equity

Escalation Schedule

Estoppel Letter

Executive Session

Fidelity Bond

Fiduciary Duty

Financial Reports

Financial Review

Financial Statement

Fine

Fine Policy

Fine Schedule

General Fund vs. Reserve Fund

General Ledger (G/L)

General Liabilty Insurance

Governing Document Hierarchy

Governing Documents

Hearing Notice

Hearing Rights

HOA (Homeowners Association)

HOA Certification Form

HOA Collections Policy

HOA Fees

HOA Insurance Deductible

HOA Transfer Fee

Key Fob System / Access Control

Ledger / Homeowner Account

Liability

Maintenance

Maintenance Log

Maintenance Request

Meeting Agenda

Meeting Minutes

Member

Mobile App

Move-In / Move-Out Procedures

Non-Profit Corporation

Notice Requirements

Online Payments

Open Forum

Open Session

Operating Account

Parking Rules

Pet Policy

Plat Map

Portal Access

President

Preventative Maintenance Schedule

Preventive Maintenance

Profit & Loss Statement / Income Statement

Property Insurance

Proxy

Quorum

Recusal

Request for Proposal (RFP)

Resale Disclosure

Reserve Component

Reserve Fund

Reserve Study

Resident Portal

Risk Management

Rules & Regulations

Sandbox

Scope of Work (SOW)

Secretary

Seller Disclosure Form

Service Level Agreement (SLA)

Special Assessment

Statement

Task Management

Ticketing System

Treasurer

Two-Factor Authentication (2FA)

Umbrella Policy

Unit vs. Common Area Responsibilities

User Permissions

Vendor

Violation

Violation Escalation

Violation Notice

Welcome Letter

Welcome Packet

Work Order

Worker’s Comp Insurance

Working Capital