Condo Q&A

Performance metrics for HOA management companies

Written by CondoAssociation.com | Fri, Mar 5, 2021 @ 03:52 PM

When considering HOA management companies what is the best way to ensure quality performance throughout the relationship upon contract signing?

For example, what are the typical language/ terms of an HOA management company service-level agreement (SLA)? What aspects are usually covered? How are those standards typically tracked / monitored? And what are the standard clawback / refund / credit provisions associated with non performance?