Saturday, November 22, 2008

DID YOU KNOW?

Although the following list was written to encourage homeowners to understand their rights before they buy, it also applies after the purchase of your home.

According to Richard Thompson of "Realty Times", members of HOAs have the right to inspect the following records:

Correspondence
Mailing Lists
Management Notices
Newsletters
Resident Manuals/Handbooks
Annual Budget
Assessment Information
Auditor Reports
Balance Sheets
Bank Statements & Reconciliations
Bank Deposit Slips
Cancelled Checks
Financial Statements
Income Tax Returns
Inventory Lists
Investment Account Statements
Invoices-Assets
Invoices-Supply/Services
Petty Cash Vouchers
Purchase Orders/Journal
Reserve Study
State & Federal ID Numbers
Supply/Service Invoices
Articles of Incorporation
Bylaws
Declaration
Resolutions
Rules & Regulations
Insurance Accident Reports
Insurance Claims-Open/Settled
Fire Inspection Reports
Insurance Policies
Safety Records
Correspondence
Legal/Litigation Files
Blueprints & Specifications
Contracts
Plat Maps
Warranties-Expired/Unexpired
Work Orders
Election Ballots
Meeting Notices
Meeting Proxies
Meeting Minutes
Committee Reports ADA Complaints (Disability)
OSHA Records
Procedure Manuals

See Realty Times