Archive for August 2021

Attached is a Demand Letter that details the requirements of the Board. If anyone desires to review the information that has led up to this Demand Letter being served, you are entitled and welcome to do so. The information will be made available to you, you simply need to log into the website. If you…

Email forwarding is a simple concept where you take an email address and set it to forward every time it is used. In the examples below, you will see how emails from the Cascade Woodlands website work. The reason you use a form entry system like the forms on the website is to collect information…

https://www.sos.wa.gov/_assets/charities/ackerman%20hoa%20powerpoint%20.pdf

Washington RCW 24.03.085 Written by: anonymous Taken from http://apps.leg.wa.gov/rcw/default.aspx?cite=24.03.085 on December 09, 2010 RCW 24.03.085 Voting. (1) The right of the members, or any class or classes of members, to vote may be limited, enlarged or denied to the extent specified in the articles of incorporation or the bylaws. Unless so limited, enlarged or denied,…

Living Up to Your Fiduciary Duty as an HOA Board Member December 2008 Tags: Avoiding Personal Liability Though this may be news to many homeowners diligently serving on association boards throughout the country, by stepping up to the plate and agreeing to volunteer your time and effort, you’re agreeing to act as a fiduciary on behalf…

March 12, 2018 The Fiduciary Responsibilities of a Nonprofit Board of Directors Written by Nick Price Nonprofit board directors only have three fiduciary responsibilities, and each of them is very important. It’s critical for board directors to practice them in word and in deed, and to make sure that their fellow board directors do as…

CWs > Title 64 > Chapter 64.38 > Section 64.38.045 64.38.040  <<  64.38.045 >>   64.38.050 RCW 64.38.045 Financial and other records—Property of association—Copies—Examination—Annual financial statement—Accounts. (1) The association or its managing agent shall keep financial and other records sufficiently detailed to enable the association to fully declare to each owner the true statement of its financial status.…

The following is a general checklist for how long records should be kept. This checklist does not cover all records or situations. Boards of HOAs should work with legal counsel and a CPA to establish their own records retention policy to meet the needs of their HOA. A. Permanent Records 1. Governing Documents • Declaration…