5 ms·
Pretty wild that HOAs are not required to have audited books. Where I'm from HOAs are regulated by law, is registered as a legal entity, and therefore needs aud
by beAbU 1y ago
Pretty wild that HOAs are not required to have audited books. Where I'm from HOAs are regulated by law, is registered as a legal entity, and therefore needs audited financials submitted to the tax man every year.
There is also a very powerful ombud created to mediate and resolve the kind of hoa horror story bullshit we often hear about online.