Ask SAM: HOA won’t release financial information (NC)

Q: I live in a large townhome community in Winston-Salem. Until recently, we have received quarterly financials indicating how our money was spent. Since a majority of new board members and a new property management group have come on board we no longer get this info. When I asked why at a monthly meeting, I was told they don’t have to provide this info to homeowners. Why? It is our money and we need to know how it is spent.    Read the Q&A……………


Related Articles

BrickellHouse’s condo association runs into another snag in robotic garage predicament (FL)

The parking woes at Harvey Hernandez’s BrickellHouse project are about to get worse,

Condo Association Seeking Annexation Into Palatine (IL)

Residents of a condominium complex on Palatine’s east side are exploring the possibility of allowing the village to annex them

Slinger (WI) condo association prepping for legal action in hoarding case

We first told you last week about a condo filled with trash in the Village of Slinger.  Now neighbors may