Category Archives: Finance

Can a Condo or HOA File for Bankruptcy? A Primer.

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Bankruptcy!  We all tend to view bankruptcy as the bottom of the well–the worst possible financial outcome for any business or person.  But how many of us know what bankruptcy really means, and can a condo or HOA declare itself … Continue reading

Posted in Bankruptcy, Condo Associations, Finance, HOAs, Homeowner's Association, Shared Ownership Guide Tagged , , ,

How to Read a Balance Sheet

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So you’ve decided to become a volunteer director of a major non-profit business!  Welcome to the wonderful financial world of shared ownership communities–condominiums, co-ops and HOAs.  While there are no particular qualifications to become a board member (which is, at … Continue reading

Posted in Condo Associations, Finance, HOAs, Homeowner's Association, How To Tagged , , , , ,