In this week's tip, we answer a reader's question about whether their board can seemingly rob Peter to pay Paul. By that, we mean, can the board pull money specially assessed for one project to pay for another project while the first project is in
litigation?
Click on the arrow below to hear a short clip in which two of HOAleader.com's experts—Matthew Zifrony, who advises homeowners and condo associations at Tripp Scott, a Ft. Lauderdale law firm, and who has also served as the president
of a 3,000-home association, and Kayleigh Long, a member with Hirzel Law in Farmington, Mich., which represents hundreds of community associations throughout Michigan—explain whether, in their states, boards can spend money specially assessed for one purpose for an entirely different use.
