Limitation on Notices of Delinquent Assessments in HOAs was imposed by the court in In re Guajardo (Bankr ND Cal, Mar. 11, 2016, No. 1531452DM) 2016 Bankr LEXIS 769, *8. For the collection of deliquent assessment in HOAs, the general practice has been, and continues...
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Month: March 2017
Indemnity Does Not Always Protect HOA Directors (3 of 4)
Indemnity for an HOA Director does not mean a Director can take actions or fail to take actions without incurring liability. To avoid liability a Director must act in accordance with the "business judgment rule" and with diligence.In the case of Palm Springs...