Transparency Tips
5 Red Flags Your HOA May Be Mismanaging Funds
Warning signs that indicate your HOA board may not be handling community finances properly.
Transparency Team• December 10, 2024• 6 min read
Financial mismanagement in HOAs is more common than you might think. Here are the warning signs every homeowner should watch for.
- Lack of transparency in financial reporting
- Unexplained increases in fees
- Delayed or missing reserve studies
#Financial Management#Warning Signs#HOA Board
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