Condo-HOA Blog - Legal Advice
The Business Judgment Rule
Posted on September 15, 2016 by Dan Webert
Community Association board members frequently ask, "What is the standard we're held to when we vote and make decisions?" The standard of conduct in Oregon and Washington is colloquially known as the "Business Judgment Rule." Application of the Business Judgment Rule comes into play in nearly all board decision making from deciding how far to pursue a collections matter to selecting a contractor for multimillion dollar repairs to raising or lowering monthly assessments. read more
Don't Buy It Twice
Posted on January 30, 2015 by David Silver
If you are an association manager or board member and regularly receive communications from the association's attorney, you should consider creating a physical and/or virtual file where important emails and opinion letters are kept. read more
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