Tag Archive: FINANCIAL REPORTS

Condo Association Has No $$$ – What Can We Do?

Here is a question all too commonly asked today: “My daughter just bought a condo on ______________ Avenue in ________________ California. The HOA told her that there is no money to fix the outside of the condos as promised due to forclosures.  Is there anything she can do?” This is a real problem. In order to [...]

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HOA and Condo Directors – Who Do They Represent?

A common question among unhappy owners who are in dispute with the board: who does an HOA or Condo director (or attorney) represent anyway, the board or the owners? Here is an email on topic from a reader: Hello.  Our HOA legal counsel has raised an interesting dilemma.  It’s whether a director’s duty is to the homeowners [...]

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