Misappropriation of HOA Funds

Misappropriation of HOA Funds

OVERVIEW Managing an HOA’s finances is among the most important duties that HOA members (i.e., homeowners) entrust to their board of directors. Such management responsibilities include everything from collecting and distributing funds for common expenses (e.g.,...

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Weaponizing the Concept of Phantom Income

Weaponizing the Concept of Phantom Income

OVERVIEW Given how important the issue of phantom income is to anyone who owns shares in a corporation (or a membership interest in an LLC), one would expect most business owners to at least be familiar with the concept. Surprisingly, that isn’t the case. In fact, the...

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Owner’s Guide to Florida HOA Laws

Owner’s Guide to Florida HOA Laws

GOOD HOA v. BAD HOA A good HOA plays an important role in maintaining your property values and ensuring your quiet enjoyment of your property. A bad HOA can decrease the value of your home, force you to needlessly waste thousands of dollars, and turn your life upside...

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Can California Homeowners Disband Their HOAs?

Can California Homeowners Disband Their HOAs?

OVERVIEW Every so often we hear from homeowners who want to know whether it's possible to disband their homeowners association ("HOA").* Often such an inquiry arises because the homeowners are unhappy with how their HOA is being managed. In any case, we always provide...

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Owner’s Guide to California HOA Laws

Owner’s Guide to California HOA Laws

GOOD HOA v. BAD HOA A good HOA plays an important role in maintaining your property values and ensuring your quiet enjoyment of your property. A bad HOA can decrease the value of your home, force you to needlessly waste thousands of dollars, and turn your life upside...

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AVOID Generic NDAs

AVOID Generic NDAs

OVERVIEW Nowadays, it seems like everyone has been asked to sign a non-disclosure agreement (“NDA”)—from employees and independent contractors, to people looking into buying a business. For example, your company might use an NDA while exploring whether to hire an...

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Can You Take Your HOA to Court?

Can You Take Your HOA to Court?

OVERVIEW Homeowners Associations (“HOAs”) are associations formed, most often as non-profit corporations, to own and manage common interest developments in California. The shareholders of an HOA (or “members,” as they’re more commonly referred to) own not only their...

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