HOA

Can an Association Invest Its Capital Reserve Funds?

By Aaron S. Marines on May 27, 2021 POSTED IN AARON S. MARINES, BUSINESS LAW, CONDOMINIUM AND HOMEOWNERS ASSOCIATIONS Has your Board, especially if it has a financial professional on it, ever looked with dismay at the low interest that a Capital Reserve Fund is earning?  They may think that if they could get a better return on that Reserve Fund, […]

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Condominiums, Homeowners’ Associations and Bankruptcy: How Does a Unit Owner Bankruptcy Affect Collections?

By Aaron S. Marines on May 5, 2021 POSTED IN AARON S. MARINES, BUSINESS LAW, CONDOMINIUM AND HOMEOWNERS ASSOCIATIONS Collection of assessments is one of the biggest headaches for many Community Associations.  Most of the time, collections follow a standard process.  It might be slow and take several steps.  But, since assessments are liens on the unit and since an Association can

Condominiums, Homeowners’ Associations and Bankruptcy: How Does a Unit Owner Bankruptcy Affect Collections? Read More »

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