The Purpose of Assessments: What Is an Appropriate Use of Association Funds?

/ Owner - February 1, 2023

We are often asked what an association can or cannot spend their money on. In fact, this blog was inspired by a request from one of our regular readers. Associations are tasked with performing various community functions based on the requirements of their particular governing documents and state statute. You will often hear us say that assessments are the “lifeblood of an association.” That is because without them the association cannot do its job.   Read the article………………………..

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