An article written by two attorneys from Wilmington, NC and published in my Charlotte Observer column recently has caused a firestorm of controversy over whether HOAs can, should, or must have workers’ compensation insurance. My friend and colleague Jim Slaughter, a Greensboro attorney, fielded many calls from his clients on the issue, spoke to industry […]
Monthly Archives: December 2014
Q: Our HOA board members were all elected for a one-year term, and that term has now expired – and the board has not scheduled a members’ meeting for elections. Do the current board members serve indefinitely, or do we have a board of directors with no authority whatsoever? A: Under the N.C. Nonprofit Corporations […]
This article was written by Eric Boucher of ReadySetLoan.com Eric is a consultant who specializes in assisting condominium communities obtain certification for FHA and VA mortgage loans. He can be reached at eric.boucher@readysetloan.com In recent months while assisting condominiums to get certified and recertified with FHA, we are running into an issue that is a fairly […]