nancydavis830@gmail.com

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  • in reply to: HOA Ledger Audit #379765
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    Refer to your By Laws. If you are just wanting to look at the books yourself, they should be available as outlined in the By Law docs. Typically, the Board should provide whatever you request within a reasonble amount of time.

    If you are wanting the books to be officially “audited” by a CPA firm then that is much more involved as it is expensive and time consuming. I don’t think that is something you can demand unless there is reasonable cause.

    Hope this helps.

    in reply to: Not allowing comments on emailed minutes, etc #379257
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    Surely you have an email address or phone number for a Board member or Property Manager to share your comments. It is not the HOA’s responsibilty to host an open forum for grievances, etc. but I am sure they would want to answer any questions or concerns you may have.

    in reply to: Line 12 1120-H #379215
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    It should not be a deduction on your Federal 1120-H return.

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    Request a copy of the current budget and an explanation for the increase. They are obligated to provide this to you.

    in reply to: IL restrictive protective covenant amendment process #378855
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    Assuming this is a Covenant (CC&R) change – no they cannot do this without a vote from all members. In Texas the State Law prevails and now requires 67% to make a covenant amendment. Check your documents.

    in reply to: board election results #378522
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    My thoughts:
    The Board is entitled to the information from the management company upon request but it would be best to only ask for the vote count, not the individual names or how they voted. For instance: 29 votes for John Doe; 33 votes for Jane Doe; 10 votes for Bob Smith. This info can certainly be shared with the owners and should be reflected in the Minutes following the election.

    in reply to: Delinquent members #378141
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    Thank you!

    in reply to: Executive Session Agenda #377495
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    A qualified Executive session is a closed meeting for Board members only so you do not have to distribute or post either the agenda or the Minutes but you need to retain them in a file.

    Sec. 209.0051(c) of the Texas Property Code

Viewing 8 posts - 1 through 8 (of 8 total)
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