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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
1 comments:
Apart from the usual type of ignored requests, I’ve asked several times for costs, statements, invoices and such regarding legal and litigation matters several times including foreclosure associated costs as well. I’m aware that my requests have been received as Lighthouse Management reps have acknowledged it. Still though, I’m not given any answers, not even a summary statement. It’s sure nice we’re paying over 34,000 dollars to have those answers provided, (never mind any extra thousands of dollars of office associated expenses were paying for.)
At they’re last inauguration celebration, a couple of former board members were concerned about excessive expenses even. (Too bad they didn’t have that concern when they could have stopped themselves from jumping off a cliff with our checkbook.) I’d sure be nice if other lay-members were concerned with the massive amounts of money the board is just throwing away. The former-board member had it right though because he has a lifetime of experience and I'm just an idiot, there's no way to control our spending habits.
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