Are Your HOA’s Funds Being Properly Handled and Invested?
Are Your HOA's Funds Being Properly Handled and Invested? The management and operation of a homeowners association (“Association”) results in the Association coming into possession of large sums of funds to cover operating expenses and HOA reserves. Over a period of...
Procedure to Investigate the Background and Qualifications of a Service Provider
A Guide for Homeowners’ Association Members and Management Personnel Selecting a third party “Service Provider” to provide goods and services to your homeowners association is a common task for your management personnel, and it is important to conduct a thorough...
Accounting Assistant Steals $148,000 from HOA by Setting Up Company with a Similar Name
Accounting Assistant Steals $148,000 from HOA by Setting Up Company with a Similar Name The Real Deal, a South Florida real estate news provider, has reported that a former accounting assistant in Miami-Dade has been arrested and charged with first-degree grand theft...
Class-Action Lawsuits are Being Filed Against HOAs for Charging Excessive Fees
The Miami Herald has reported the filing of a class-action lawsuit against a homeowners association for allegedly violating Florida’s state laws governing the maximum amount that a homeowners association can charge for transfer fees in connection with the sale or...