Who is responsible for undisclosed HOA debt?

HOA debt not disclosed

Question: After we bought our home in Chandler, we attended the homeowners’ association (“HOA”) annual meeting. At this HOA annual meeting we learned that our HOA was in debt for $62,000.00 for attorney’s fees incurred because of a prior lawsuit with our landscaping company. The result is that a portion of our monthly HOA dues…

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