Finances
The “Finances” category contains articles and court case decisions that involve issues relating to a homeowners association’s finances.
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- Dues and Assessments, Finances
A basic duty relative to Reserve Funds imposed on virtually all homeowners associations by state laws and/or governing documents is the
Don’t Allow Your HOA to Ignore Financial Needs and Operate Without Proper Reserves
- Dues and Assessments, Finances
Studies show that there are a growing number of homeowners associations that ignore reserve funding requirements and as a result,
Does Your HOA’s Budget Include a Line Item for “Bad Debt?” ….. It Should
- Finances
Assessment income is the lifeline for homeowners associations. Without owners paying assessments to the association, the association has insufficient income
Does Your HOA’s Budget Include a Line Item for “Bad Debt?” ….. It Should
- Finances
Assessment income is the lifeline for homeowners associations. Without owners paying assessments to the association, the association has insufficient income
- Finances
Borrowing for the sake of borrowing in order to build up a reserve or to simply prolong an inevitable assessment
Accounting Assistant Steals $148,000 from HOA by Setting Up Company with a Similar Name
- Finances, Managing Agent
The Real Deal, a South Florida real estate news provider, has reported that a former accounting assistant who stole $148,000
Ct. Rules HOA Failure to Maintain Does Not Justify Homeowner’s Nonpayment of Dues
- Case Decisions, Dues and Assessments, Finances
Commonwealth Court of Pennsylvania decision (January 4, 2017) This case involved a dispute between a homeowners’ association (“Association”) and husband
- Finances
State laws and/or homeowners association governing documents typically impose duties on homeowners associations relative to the maintenance of reserve accounts.
Class-Action Lawsuits are Being Filed Against HOAs for Charging Excessive Fees
- Dispute Resolution, Finances, Managing Agent
The Miami Herald has reported the filing of a class-action lawsuit against a homeowners association for allegedly violating Florida’s state
