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The Water Cooler
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Home HOA issues
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<blockquote data-quote="JD8" data-source="post: 3222660" data-attributes="member: 24"><p>The attorney I'm sure knows this, but if you file, then make sure the president is named personally as an officer of the HOA. I'd also find out if the HOA is insured and has D&O insurance. If no D&O, then the president has to put money up personally for defense. Otherwise his defense costs are excluded from regular HOA insurance when it comes to decisions of the board. All of this assuming that the bylaws have been compromised or ignored.</p></blockquote><p></p>
[QUOTE="JD8, post: 3222660, member: 24"] The attorney I'm sure knows this, but if you file, then make sure the president is named personally as an officer of the HOA. I'd also find out if the HOA is insured and has D&O insurance. If no D&O, then the president has to put money up personally for defense. Otherwise his defense costs are excluded from regular HOA insurance when it comes to decisions of the board. All of this assuming that the bylaws have been compromised or ignored. [/QUOTE]
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