Condo board members not personally liable for bad decision

Q: Our condo is having some work done, and the job will cost substantially more than what the board told us. Now it looks like there will be another special assessment to cover the additional costs. I think the board members who chose this contractor should have to pay the difference from their own pockets due to their incompetence. Are the owners on the hook for this? —    Read the Q&A………….

Related Articles

Has Your Association Filed Taxes for 2014?

Did you know the IRS classifies your Homeowners Association (HOA) as a corporate entity, a classification that means your HOA

6 ways to improve your HOA board meetings

Select a mutually convenient location. Your community club house is ideal but a nearby restaurant, school or church might work

The New Hidden Costs

It is not surprising to know that in the initial phases of every proposed construction project, it is the first