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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