Homeowners’ associations are established for the benefit of all of the owners and residents within the community. A board of directors that is charged with managing the affairs of the association has a fiduciary duty to act in the best interests of the association as a whole. Part of that duty entails being open and honest with the members about what the board is doing and how it is spending the association’s money and otherwise governing the association. Read the article………………………..
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When you live in a community managed by a Homeowners Association (HOA), you understand your…