Condo Q&A

How often do you receive HOA financial statements?

Written by CondoAssociation.com | Thu, Apr 18, 2019 @ 05:45 PM

We are a small, 35 unit condo association.  One of our owners who's a finance person does our bookkeeping using Quickbooks and he distributes the financial reports to all owners on a quarterly basis.   What is standard practice for how frequently financial reporting is provided to owners?  

Dallas, Texas.