Protecting Your HOA from Fraud and Embezzlement
Unfortunately, fraud happens in homeowners associations. No strategy will guarantee that your HOA won’t be a victim of theft or embezzlement, but your board can take reasonable steps to reduce […]
Unfortunately, fraud happens in homeowners associations. No strategy will guarantee that your HOA won’t be a victim of theft or embezzlement, but your board can take reasonable steps to reduce […]
Published in the ECHO Journal, October 2009 The question most often heard by association bankers lately is “Are you making loans to HOAs?” The answer is a resounding “Yes”! A […]
Published in the ECHO Journal, June 2010 Selection of the banking relationship for a homeowner association is just as important as the choice of any other vendor and should be […]
One of the most timely and efficient ways to keep track of association financial accounts is to properly review and reconcile bank statements. This includes implementing safeguards against fraud, monitoring […]
Published in the ECHO Journal, October 2013 The selection of a banking relationship for your association is just as important, (if not the most important), as the selection of any […]
A managing agent of a common interest development who accepts or receives funds belonging to the association shall deposit those funds that are not placed into an escrow account with […]
Why There’s No Protection for Members When Community Associations “Go Broke” You’re at a board of directors meeting of your homeowners association. Things have been happening around the community—not good […]
Executive Council of Homeowners, Inc.
5669 Snell Avenue, #249
San Jose, CA 95123-3328