What to Do If You Have to Levy a Special Assessment

In a previous post, we talked about the importance of adequately funding your reserves as an HOA. While it would be ideal for every HOA to have a healthy reserve fund that could cover almost any unexpected cost, that’s not always the case. Not all associations have built up a reserve over time. Some may have had recent unforeseen emergencies that depleted their reserves, while others may still be trying to recover their reserves after several years.    Read the article………….


Related Articles

8 Alarm Fire on Summer St. in Boston (MA) & Important Fire Safety Info

Earlier this morning there was an Eight-Alarm fire that ran through a South Boston commercial building undergoing renovation, just next

Parkside HOA members to vote on Waldo Canyon fire-repair payments

In terms of real estate, the Waldo Canyon fire of 2012 was the most costly fire in the history of

A Reporter Calls: Part 2

I talk to reporters almost every day, and one thing is clear: Many of the most negative stories we see