Question How does a resident give notice to fellow residents that they are trespassing on private property? The HOA in this case prohibits trespassing signage. Written by submitted anonymously on July 18, 2016. Posted in Questions & Answers Continue Reading No Comments
How often do HOAs need to provide financial reports that include a balance sheet, receipts for work contacted and bank statements to the contributing members? Written by submitted anonymously on October 3, 2017. Posted in Feature, Questions & Answers Continue Reading
Question I am a shareholder in a cooperative and a self-employed sole owner corporation (S-Corp). The coop board has refused maintenance payments from my corp. on the grounds that the corporation would incur ownership. True? There is no bylaw about it. Written by submitted anonymously on October 19, 2016. Posted in Questions & Answers Continue Reading No Comments
Question I am on the board of a building. The sponsor, also the manager, receives SCRIE refunds for the apt’s he owns. He keeps them (90K) in our reserve account and says it is to “pump up” our reserves, and is a no interest loan. What should the board do? Written by submitted anonymously on December 12, 2016. Posted in Questions & Answers Continue Reading No Comments
Question I have been president for about five years. The bylaws call for an election every three years but no one has ever been interested so it’s just me keeping things moving along. Can I get in trouble? Written by submitted anonymously on October 20, 2016. Posted in Questions & Answers Continue Reading