Tag Archives: finance

Can HOA Board Forgive Unpaid Assessments?

Q: Our homeowners association’s board of directors forgave homeowners who were two to three years behind on their assessments. This was done without our knowledge, and we found out about it before our annual meeting. Is this legal? This seems unfair to the homeowners who pay their dues every year. Read the answer here: http://www.charlotteobserver.com/2013/02/15/3855294/can-hoa-board-forgive-unpaid-assessments.html#storylink=cpyRead more here: –>HOA Financial Responsibility

Posted in HOA Management, Homeowner Association News | Tagged , , | 2 Comments