Directors & Officers Insurance
Directors and Officers liability insurance (D&O) provides coverage in the event of a lawsuit claiming some Board or individual Directors’ act or omission. D&O insurance does not … Learn More
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The Association Structure
How an Association is Formed A homeowner association or condominium association is a nonprofit corporation formed, usually, by a real estate developer for the purpose of marketing, … Learn More
The Financial Statements
The Financial Statements have one primary function: Provide the Board with the financial information to make decisions relating to the Association’s financial situation The association’s financial statements … Learn More
Online Meetings
It seems these days everyone’s schedules are more hectic than ever, and board members schedules are no different. Because of scheduling difficulty and, in some cases, convenience, … Learn More
Association Terminology
Certain terms are used incorrectly or generically when discussing association issues. For example, the CC&Rs are often incorrectly referred to as the bylaws or the membership believes … Learn More