What penalties are there if an HOA is underfunded? We are at 50%.
Read MoreDoes New Jersey state law require an audit? We send out monthly statements of Operating & Reserve accounts. An audit seems a waste of funds.
Read MoreCan our HOA change its fiscal year from July to January?
Read MoreOur condo association has never paid taxes. Should we be paying?
Read MoreI am the owner of 2 unit condo. I have tried to refi the lower rental unit into a 15 or 30 year fixed mortgage. I am always told I can not do that because I own both units.
Read MoreWhat percentage of money should ideally be kept in the reserves ? Also what happens when the whole board resigns?
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