One fallacy is thinking a good board will not increase assessments.
Some myths are not only wrong, but harmful. Here are ten HOA myths that create problems for communities.
Governing documents are boilerplate. Most HOA homebuyers carefully read their purchase contract and ignore the CC&Rs, bylaws and rules. However, those documents are binding whether or not the owner reads them. Avoid surprises – read the documents
Read more: http://www.pe.com/articles/hoa-800357-association-board.html
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