With the current prevalence of identity theft, it’s not surprising that data protection has become a significant concern of homeowners when entrusting their information to a Homeowners’ Association (HOA). And privacy should likewise be a chief concern of HOA boards. Associations, and particularly their board members, are regularly entrusted with homeowners’ sensitive, confidential materials, often including personally identifiable information like social security numbers and financial information like credit card and bank account numbers. Many state statutes impose legal obligations for the protection of this kind of sensitive information.
Read More