Clubhouse renovations not in HOA reserve study

Q: Our homeowners association’s executive board used reserve funds to renovate our clubhouse. An examination of the reserve study summary does not show clubhouse renovation as a line item. Can they dip into our reserves to do this, or should there be a special assessment?   Read the Q&A…………….


Related Articles

State Supreme Court rules in favor of investors, banks in long-disputed HOA fees case (NV)

The Nevada Supreme Court on Thursday ruled in a long-awaited dispute over homeowner association dues in super-priority lien cases, finding that Nevada law does not allow for the collection of costs and fees in addition to nine months of back-owed assessments.

Two-alarm condominium fire does $75,000 damage (NV)

A two-alarm fire at a condominium near Harmon and Eastern avenues did about $75,000 damage, but a firewall prevented it

Some Las Vegas HOAs cast in role of underdog

Homeowners associations don’t often get to play the role of underdog in the valley. But they, too, have their dog