Nederlandse websiteEnglish website

Administrative

An HOA manager can support the HOA board to carry out administrative tasks. VVE Curaçao shares its knowledge about this with the HOA.

Financial

Given the complexity of tasks for financial management, an HOA often decides to appoint a professional HOA manager in addition to the board.

Technical

An HOA manager handles matters related to daily and major maintenance of the HOAs common areas.

Governing and managing an HOA

The HOA is its own legal entity, registered with the Chamber of Commerce and provided with its own regulations with articles of association and falling under specific legislation. For this reason, an HOA communicates and represents itself from its organization with third parties in commerce, society, and business life. This also means that there are specific processes and rules that are used for and on behalf of the HOA to comply with the legal standards that apply and are established.

The HOA is legally represented by a board appointed by the owners’ meeting. The board is concerned with daily affairs. This means they must engage in the administrative, financial and technical management of the HOA on behalf of the HOA.

Why outsource HOA management?

If you have dug through our library as a board member, project developer, real estate agent, or large owner within the HOA, you will have surely come across matters you recognize or have encountered before. A feeling of recognition is nice!

You will also be able to acknowledge that the subject matter is so complicated that when a situation arises, it is difficult to respond adequately. You often have to spend a lot of time in responding, answering, or taking action in addition to your regular work. Especially when you realize that this time and energy is being spent in your (free) time, while you could much better spend your time on your core business than on HOA matters.

Furthermore, to provide a proper and accurate answer, the board must familiarize itself with the specific rules and laws of the relevant HOA. A deed of division is not a standardized document, but a specifically drafted document that belongs to a specific HOA. If you have (board) interests in multiple HOAs, you will need to continually review the various deeds. We understand that you may not be familiar with all the deeds; it's not your core business!

Owners who purchased an apartment as an investment also benefit from having their property in a HOA properly managed so it can generate return on investment. Owners who rent out their apartment are often not present on the island and seek assurance that the HOA is managed correctly and legally.

Because owners who invested in an apartment often lack the time to serve on the board, they need their HOA to be properly governed.

Outsource the executive tasks of a board

A board position is often performed voluntarily by owners of the HOA. One then usually chooses to take the shortest route or the most logical solution that requires less personal effort. If several essential steps are thereby skipped, the HOA may even hold you liable for any damage it suffers as a result.

If an HOA cannot find board members, or if board members are unwilling to dedicate much time to carrying out board duties, please contact us!

Support a board by a professional HOA manager

For both HOA members and the HOA board, it is pleasant that there is an external party that takes all concerns off the HOAs hands and has made it their profession to manage HOAs. The advantage of this is that these employees, who are seasoned in managing an HOA, work daily for the HOA. These employees are fully aware of all laws and rules regarding managing an HOA and have all services - administrative, financial, technical, and legal - at their fingertips.

In short: the HOA can be relieved by outsourcing management so that all members, including board members, can enjoy carefree living pleasure in Curaçao! Meet VvE Beheer Curaçao. The first and only professional HOA manager on the island.

Would you like more information about outsourcing the management of your HOA? Click the button below and contact us!

Contact us

Frequently asked questions

Members of a Homeowners Association (HOA) live together in a building or at a resort and must reach agreement on important topics. Therefore, we have created an overview of frequently asked questions for you. Is your question not listed? Click the button below or contact us.

View more FAQs

  • Who determines all matters within the HOA?

    The owners’ meeting is the highest governing body of the HOA. All decisions concerning the management of the common property are taken within this meeting. All apartment owners have access to the owners’ meeting. Decisions are adopted by an absolute majority of the votes cast.

  • What does my advance contribution consist of?

    The owners’ meeting annually establishes a budget listing all costs that the HOA must pay for the HOAs operations. In the deed of division, an owner can find the allocation key of their apartment right. This allocation key is applied to distribute the total budget across all apartment rights.

  • When can major maintenance be carried out?

    After a legally valid decision by the owners’ meeting and approved budget, orders can be issued for major maintenance. See the article “Major Maintenance within your HOA” for this.

  • Who executes the decisions of the HOA?

    Legally, a board is appointed by the members. The board ensures the implementation of the decisions of the owners’ meeting. The owners’ meeting can appoint an external, professional HOA manager to relieve the board of the burden of executing all decisions.

  • Where can I find the deed of division and bylaws?

    The deed of division, including its bylaws and regulations, is a notarial deed that must at all times be registered with the Land Registry. Upon the transfer of an apartment right, the civil-law notary is required to provide this deed to the new owner. The Land Registry is a public register, meaning the deed can be requested directly from the Land Registry.