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Our HOA president spent the rest of our annual budget $41,000 to blacktop a segment in front of her townhome. Homeowners did not know she was going to do this. Now she is assessing us for $5730+.
If an HOA Board Member acts in a self-serving manner he or she opens himself and the HOA to lawsuits. However, HOA Boards are granted wide Business Judgement discretion.
The foregoing information is general information only and should not be relied upon to take, or fail to take, legal action. No attorney-client relationship is formed by this information. __The only manner to obtain complete and adequate legal advice is to consult with an attorney.__
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