As a new or current HOA board member you may often hear terms that you’re unfamiliar with. It’s important to ask questions and stay educated when something is unclear, and nothing can be more convoluted than financial jargon.  From time to time you may hear that the Board of the homeowners association operates in a fiduciary capacity for the homeowners. Or you may read about the Board’s fiduciary responsibility in the governing documents. Just exactly what does this mean?     Read more………