Whether it be an unexpected repair or an insurance deductible, homeowners associations are more commonly turning to lenders for community association loans.  This is especially true for condominium associations who may be facing large insurance deductibles related to hail damage. Loans for the Payment of Insurance Deductibles Over the last several years there have beenGo to Resource
Part of the duties of a community association’s board of directors includes fiscal responsibility.  Among other things, the board of directors is tasked with prioritizing and making decisions regarding the best use of the association’s limited financial resources.  Expenses such as common area maintenance, insurance, water, and professional services including management, accounting, and legal areGo to Resource
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