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411 on HOA cracks

It is typical in condominium associations for the HOA to have the responsibility to maintain, repair and sometimes replace concrete slab floor.

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Association Board Members Better Think Twice Before Signing that Contract

  Board members have a great deal of discretion in managing their association, but as one Board president recently discovered, that discretion does not permit a board member to unilaterally bind her association in contract. Generally, the common law “business judgment rule” affords a great deal of judicial deference to directors who act in good faith and in a manner …