Lawyer: HOA board has duty to protect residents' money

09/16/2013 | Sarasota Herald-Tribune (Fla.)

HOA directors have a responsibility to protect the money received from residents, which means no risky investments in stocks or buying and fixing up real estate, lawyer Tamela Eady writes. Instead of trying to make money, boards should be more concerned with building up "rainy day" funds in order to pay for unexpected expenses, such as a collapsed clubhouse roof.

View Full Article in:

Sarasota Herald-Tribune (Fla.)

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
Major Gifts Officer
Gay, Lesbian & Straight Education Network (GLSEN)
New York, NY
Project One America Director
Human Rights Campaign
Washington, DC
Director of Development & Communications
National LGBT Bar Association
Washington, DC
Affiliate Relations, External Affairs, & Policy Fellow
National Gay & Lesbian Chamber of Commerce
Washington, DC
Ohio Competes Campaign Manager
Equality Ohio
Columbus, OH