Tag: special assessment


Mar

14

2016
When Should an HOA Borrow Money for Large Projects?

When Should an HOA Borrow Money for Large Projects?

Homeowners associations are designed to act in the best interests of a given community. When properly administered by an elected HOA board, often in conjunction with a third-party management group, the HOA helps to ensure community safety, maintain property values, and create a beautiful and enjoyable environment for all residents. As part of this overarching directive, HOAs collect fees from every homeowner to pay ongoing...

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