Most homeowners’ associations in the USA have legal power to fine owner-members for violations to covenants, restrictions, and rules. This post explains why I firmly believe all states should revoke ...
In my view, the financial risks and social pitfalls of owning property under an HOA far outweigh any benefits. So I love the fact that lawmakers are starting to talk about undoing the failed HOA ...
News of dramatically falling condo demand and drastic price reductions is spreading around the world. According to the Daily Mail (a U.K. publication), Florida, Texas and California are bearing the ...
In this post, I take a bold, Big Picture view of HOA problems. I define HOA problems broadly, to include any combination of the following: I know this may sound radical to some readers. But, the ...
Several states pass laws aimed at restoring transparency and property rights for homeowners in HOA, condo, and co-op communities. A bill to preclude community associations (HOAs) of all types from ...
Planned communities and condominium housing can seem enticing to some buyers. The real estate industry advertises these homes and their communities as “vibrant” and attractive. They brag about their ...
The U.S. housing affordability crisis is not just about high home prices and mortgage interest rates. Nor is it merely an issue of a low supply of new construction housing. The real problem is a ...
What is the most effective way to prevent pervasive HOA problems? In my opinion, it’s critically important to revoke excessive and inappropriate powers of HOAs. Focus on state laws that enable HOA ...
This informative CNBC video highlights the case of a Georgia HOA homeowner in Belmont Park community of Newnan, Georgia. Jewel Inostroza was surprised to learn that the home she bought in 2008 came ...
According to a recent alert from Dennis Legere of Arizona Homeowners Coalition (AZHOC), state Legislators appear ready to pass a bill that would stick condo owners with the Association’s full ...
In my view, it’s no surprise that, in recent months, we are seeing multiple HOA problems. Reports of bitter HOA legal disputes. Arrests of HOA leaders on charges of fraud and theft. News about other ...
When do private property restrictive covenants override state law? What makes deed restrictions valid, and part of a binding contract? Two recent HOA lawsuits shed some light on these issues. North ...