Articles
Kelly G. Richardson, Esq. CCAL, HOA Homefront ColumnÂ
[Part 3 of a series]
Despite great efforts to lessen the problem, too many HOAs still have inadequate reserve fund savi...
Kelly G. Richardson, Esq. CCAL, HOA Homefront Column
Question: Can major landscape renovation use reserve funds when too little funds are available as a line item? M.K., San ...
Kelly G. Richardson, Esq. CCAL, HOA Homefront Column
Mr. Richardson: Your column is a valuable service to homeowners in HOAs. Our HOA reserves for replacement are severely un...
By Kelly G. Richardson, Esq., CCAL, HOA Homefront Column
Mr. Richardson – Our HOA reserves for replacement are severely underfunded. The board recognizes this deficit and is...
By Kelly G. Richardson, Esq.
Dear Kelly: What happens if the reserves go to zero? What is insolvency? B.E., Tarzana
Dear B.E.: HOAs which fail to set aside money in their re...
By Kelly G. Richardson, Esq. CCAL
Mr. Richardson: HOAs face a financial issue with interest rates so low. My HOA and the vast majority of other HOAs play it safe with CDs a...