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Category – Q&A (Question and Answer)
A blog reader recently posed a question containing the following statement:
We are a HOA of 8000 parcels, and we do not have Statutory required membership or developer reserves.
Membership (mandatory or voluntary) in …
Question: Our board of directors has been talking about switching over to “pooled” reserves. Can you explain what this means?
L.A. (via e-mail) Answer: The concept of funding condominium reserves …
Q&A: The owner of the management company is also a resident/property owner in our community. Some of us feel that this creates a conflict of interest. What is your opinion on this?
Our homeowner’s association is considering taking on the task of fixing abandoned properties to preserve property values and to make the community more attractive to potential buyers.
