The HOA was Sued and we Should Tender – What Does That Mean?

It is not uncommon for a condo association or HOA to become embroiled in some sort of dispute or litigation as a defendant, having been named in a lawsuit by a disgruntled owner. The lawsuit comes in, and after being evaluated to determine if it is a case that should be defended by the Association’s insurance carrier, it is tendered to the carrier. The fact that the Association has been named in the lawsuit raises several questions:   Read more…

Related Articles

Proactive HOA Budgeting for Your 2018 Capital Improvement Projects

Proactively planning your 2018 capital improvement projects is a key step in your 2018 HOA budget preparation process. First, be

Fudging the numbers in Community Association Accounting

There is a big trendy word these days in business practices: “Transparency”. However, in the accounting field, transparency is not

In a California Homeowners Association, there are Three Types of Animals…

A homeowners association has a “strict” (and strictly enforced) “no pets” policy but a resident requests that an exception be