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Note 17 - Transactions With Related Parties
12 Months Ended
Oct. 31, 2024
Transactions with Related Parties  
Transactions with Related Parties

17. Transactions with Related Parties

 

During the years ended October 31, 2024, 2023 and 2022, an engineering firm owned by Tavit Najarian, a relative of Ara K. Hovnanian, our Chairman of the Board and our Chief Executive Officer, provided services to the Company totaling $1.3 million, $1.3 million and $1.1 million, respectively. Neither the Company nor Mr. Hovnanian has a financial interest in the relative’s company from whom the services were provided.