3 Common Causes of D&O Claims for HOA Boards
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Most Homeowners Associations (HOAs) and other Community Associations—such as condos, co-ops, or Master Associations—operate smoothly with very few issues. The most recent Zogby poll of property owners’ opinions regarding their HOA revealed an 89% satisfaction rating. However, when problems arise, they often result in lawsuits or D&O claims. Volunteer directors and officers are primarily protected […]