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Five Financial Tips for New HOA Board Members

/ Owner - December 19, 2020

Congratulations, you’ve been elected to your HOA board! As a board member, you have a fiduciary duty to use sound business judgment in your role. That means you need to think like a business owner and not just a committee member – and that includes understanding the HOA’s financials.  As a new board member, you may find these five tips helpful for getting a clear understanding of your HOA’s financial status, the compilation process, and your role in oversight:    Read the article……………………………….

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