Financial Documents

Recent Changes in the Wisconsin Condominium Ownership Act that Affect Your Association: Record Keeping, Financial Records, Audits, and Website Requirements

In 2022, the Wisconsin legislature adopted additional provisions to the Condominium Ownership Act that affect all Wisconsin condominium associations. Because the new statutes require condominium associations to take affirmative action, your association needs to be aware and get prepared.

Recent Changes in the Wisconsin Condominium Ownership Act that Affect Your Association: Record Keeping, Financial Records, Audits, and Website Requirements Read More »

HOA and Condominium Record Retention – What you NEED to Know!!

Record retention is a tricky subject.  Keep too much or for too long and opposing counsel in litigation will have all the documents they may need to prove that your association’s actions were discriminatory or amounted to selective enforcement, at least compared to its old records.  Keep to little or for too short of time

HOA and Condominium Record Retention – What you NEED to Know!! Read More »

Record Requests – Even if Lengthy and Difficult to Follow, They Need to Be Produced if Sought for a Proper Purpose

Facts Owner sought records from a Michigan association (the “Association:”).  The Association refused to produce records presumably on the grounds that the requests were long, difficult to follow and failed to state a proper purpose.  The requests, clarified in the complaint, consisted of the following: Bills or invoices showing the cost of past litigation; Records

Record Requests – Even if Lengthy and Difficult to Follow, They Need to Be Produced if Sought for a Proper Purpose Read More »