HOA Poker Games

When two people are playing the game of poker but one player knows exactly what cards are in both hands, would that be cheating? Yes, that would be cheating. In poker, the game is based on strategy, probability, and the element of uncertainty. If one player has access to hidden information—such as knowing exactly what…

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Disclosures

When Do You Have to Tell a Home Buyer That You Live in a Troubled Community?

Selling a home comes with responsibilities—legal and ethical. As homeowners, we are required to disclose certain conditions that may affect the value, desirability, or enjoyment of a property. These include wildfire hazards, Mello-Roos assessments, and HOA disclosures. But what happens when your community itself is a risk? Beyond providing the governing documents, homeowners must disclose…

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Time for Change: The HOA Board’s Neglect of Its Fiduciary Duty in Management Contracts

For more than a decade, our HOA Board has failed to review or rebid our management contract, allowing the same management company to remain in place without competition. Over this period, the “company’s fees have increased year after year—without proper member notification-” yet the quality of service remains widely criticized by homeowners. This is a…

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The HOA Board’s Risky Financial Moves: What They Aren’t Telling You

The HOA Board recently unveiled their plan to “balance the budget”—but their solution is reckless and deceptive. Instead of properly managing expenses, they have decided to drain our reserve funds—$400,000—and invest it in risky Schwab accounts. This locks the funds from use for unexpected expenses like a recall election. What your Vice President / Treasurer…

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