LoriS4 (Florida)
Posts: 1
Posts: 1
Posted:
Is a homeowner's membership or dues payment into an HOA
equivalent to membership in a corporation ? Are we
stockholders ?
What I don't understand is - if we are all members of
this association and the payment of lack of payment or
foeclosures is a part of doing business - why is it these
discussions have to be private ? Are we all members /
shareholders of this corporation and should business be
opnely discussed in a factual matter - I just don't get
the secrecy behind executive sessions prior to litigation.
Please explain.
L
equivalent to membership in a corporation ? Are we
stockholders ?
What I don't understand is - if we are all members of
this association and the payment of lack of payment or
foeclosures is a part of doing business - why is it these
discussions have to be private ? Are we all members /
shareholders of this corporation and should business be
opnely discussed in a factual matter - I just don't get
the secrecy behind executive sessions prior to litigation.
Please explain.
L