What is a Capital Improvement? – Article by Robert M. DeNichilo

Many HOAs have language in their governing documents that act as a spending cap on capital improvement projects without member approval (often at 5% of the annual budget). However, the term “capital improvement” is often not defined. This often leads to confusion as to whether an expense requires member approval. “Capital improvement” is an accounting … Continue reading

  • Enter your email address to subscribe to this blog and receive notifications of new posts by email.

    Join 37 other followers

  • Blog Stats

    • 126,595 hits
  • Contact Us

    Amber Property Management 27261 Las Ramblas, Suite 100 Mission Viejo, CA 92691 General email mark@amberpm.com and or tracey@amberpm.com Office (949) 429-5831 Fax (949) 429-5933