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Tips for HOA Directors Regarding Contracting on Behalf of the Association

Tips for HOA Directors Regarding Contracting on Behalf of the Association

by Lawrence Szabo, Esq. | Nov 14, 2017 | Board of Directors, Use and Maintenance

Acting through its board of directors, homeowners associations are responsible for properly maintaining the common areas of a common interest development. Proper maintenance of the common areas necessitates contracting for materials and services that are provided by...
Court Says Association’s Actions Were Protected by the “Business Judgment Rule”

Court Says Association’s Actions Were Protected by the “Business Judgment Rule”

by Lawrence Szabo, Esq. | Oct 25, 2017 | Board of Directors, Case Decisions

New York Supreme Court, Appellate Division decision (October 18, 2017). In this case homeowners sued their homeowners association and the individual members of the association’s board of directors for damages based on claims of breach of contract and breach of...
Court Says Association’s Actions Were Protected by the “Business Judgment Rule”

Court Says Association’s Actions Were Protected by the “Business Judgment Rule”

by Lawrence Szabo, Esq. | Oct 25, 2017 | Board of Directors, Case Decisions

New York Supreme Court, Appellate Division decision (October 18, 2017). In this case homeowners sued their homeowners association and the individual members of the association’s board of directors for damages based on claims of breach of contract and breach of...
HOA Directors Can Use Reserve Funds for Different Line Items Then Originally Planned For

HOA Directors Can Use Reserve Funds for Different Line Items Then Originally Planned For

by Jonathan Szabo | Oct 24, 2017 | Board of Directors, Finances

A homeowners association’s reserve funds are established to cover various line items representing the different components within the association’s common area for which the reserve funds are being accumulated. Although the goal is to have the funds required for the...
HOA Directors Can Use Reserve Funds for Different Line Items Then Originally Planned For

HOA Directors Can Use Reserve Funds for Different Line Items Then Originally Planned For

by Lawrence Szabo, Esq. | Oct 24, 2017 | Board of Directors, Finances

A homeowners association’s reserve funds are established to cover various line items representing the different components within the association’s common area for which the reserve funds are being accumulated. Although the goal is to have the funds required for the...
Understanding the Roles of the Officers of a Homeowners Association

Understanding the Roles of the Officers of a Homeowners Association

by Lawrence Szabo, Esq. | Oct 12, 2017 | Board of Directors

The bylaws of a homeowners association (“Association” ) will contain provisions pertaining to the officers of the Association. Those provisions will specify such things as : (i) what officers the Association must have; (i) when they are elected and the...
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