Studies show that there are a growing number of homeowners associations that ignore reserve funding requirements and as a result, […]
Don’t Allow Your HOA to Ignore Financial Needs and Operate Without Proper Reserves Read More »
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 Read More »
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 Read More »
Borrowing for the sake of borrowing in order to build up a reserve or to simply prolong an inevitable assessment
Should Your Condominium or Homeowners Association Borrow Money? Read More »
The Real Deal, a South Florida real estate news provider, has reported that a former accounting assistant who stole $148,000
Accounting Assistant Steals $148,000 from HOA by Setting Up Company with a Similar Name Read More »
Commonwealth Court of Pennsylvania decision (January 4, 2017) This case involved a dispute between a homeowners’ association (“Association”) and husband
Ct. Rules HOA Failure to Maintain Does Not Justify Homeowner’s Nonpayment of Dues Read More »
State laws and/or homeowners association governing documents typically impose duties on homeowners associations relative to the maintenance of reserve accounts.
Understanding the Basics of a Reserve Analysis for Your HOA Read More »
The Miami Herald has reported the filing of a class-action lawsuit against a homeowners association for allegedly violating Florida’s state
Class-Action Lawsuits are Being Filed Against HOAs for Charging Excessive Fees Read More »
HOA directors have a duty to periodically conduct HOA finance reviews and also do detailed financial audits of the association’s
State laws and the governing documents for homeowners associations impose requirements for the preparation and distribution of financial statements for
Is Your HOA Meeting Its Responsibilities Concerning Financial Statements? Read More »
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