What to Do When Your HOA Oversteps Its Bounds

A Home Owners Association (HOA) sets many rules and restrictions for homeowners. Regulations usually deal with architectural or landscaping restrictions or how many pets you own. But can the HOA choose who buys a home? The answer to that question depends on certain factors.    Read the article……………

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Why Does Your HOA Board Need to Maintain Reserve Funds?

You probably receive your HOA’s annual budget for review and notice the line item called “reserve fund.” You probably wondered:

Directors vs. Officers

In community associations, however, the individual board members are usually the same individuals who serve as officers.

Understanding reserve and operating accounts

Well-run community associations keep two pots of money. One is the operating account, used for the day-to-day costs of running