• Login
HOA Background Check
  • Background Reports & Pricing
  • Things to Know & FAQ
Select Page
Association Use of IRS Form 1120-H

Association Use of IRS Form 1120-H

by Lawrence Szabo, Esq. | Feb 9, 2014 | Finances, Managing Agent

An IRS Form 1120-H is the tax filing form used by homeowners associations that want to take advantage of certain tax benefits that allow the association to exclude “exempt function income” from the association’s gross income. Exempt function income...
Beware of Contracts That Automatically Renew

Beware of Contracts That Automatically Renew

by Lawrence Szabo, Esq. | Jan 14, 2014 | Managing Agent

An article in the L.A. Times on January 12, 2014, highlights the importance of knowing the contents of the agreements that a homeowners association enters into. Frequently, homeowners associations find themselves bound to agreements that contain provisions that are...
Appellate Court Rejects Class Action Claims Against HOA Management Companies Over Transfer Fees

Appellate Court Rejects Class Action Claims Against HOA Management Companies Over Transfer Fees

by Lawrence Szabo, Esq. | Dec 14, 2013 | Managing Agent, Ownership and Transfer of Interest

October 28, 2013. A California Court of Appeal issued a decision clarifying a community association manager’s ability to charge transfer fees upon a change of ownership. The appellate court rejected potential class action claims against a management company for...
Next Entries »

Search Our Site

Downloads Menu

About Us
Privacy

Need Some Help?

If you need help determining which reports are best for you please reach out to us.

Contact Us
[/db_pb_slide]
[/db_pb_slider]
Copyright HOA Member Services. All Rights Reserved. | site credit carminemorra.com