As we start 2018 with a fresh and clean slate, now is the time to pull out our list of New Year’s resolutions and decide what we want to tackle first. Perhaps one of those resolutions was to minimize your association’s liability exposure, and more specifically, to minimize the liability exposure when it comes toGo to Resource
The term “conflict of interest” is used often and quite loosely in the HOA industry. But did you know “conflict of interest” actually has a legal definition? More particularly, the definition is set forth in the Revised Nonprofit Corporations Act (“Nonprofit Act”), which definition is specifically referenced in and adopted by CCIOA. Pursuant to SectionGo to Resource
Introduction The Federal Housing Administration (“FHA”) is a government-owned insurance company that insures home loans for buyers who cannot afford a conventional down payment or prefer to use their available funds in other ways.  In other words, a FHA backed loan allows a home buyer to purchase the home with a smaller down payment thanGo to Resource

Security Measures in HOAs

Associations are oftentimes confused with the police.  After all, it is not atypical for community managers or board members to receive calls from owners complaining about crime in their communities and demanding the associations do something about it.  Whether it’s alleged drug use, car theft, or domestic violence, associations seem to be the first placeGo to Resource