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HOA Financial Statement Requirements

/ Owner - June 1, 2021

Among the many records that a homeowners association must keep, the financial statement is definitely an important one. Residents invest in the community through their fees and assessments, and they have the right to see how that money is being used by the HOA board. Transparency and accountability are vital to healthy relationships with the HOA members, not to mention there is often a legal responsibility to demonstrate the wise and deliberate use of community funds.   Read the entire article……………………………….

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