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 ...
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 ...
The latest twist to the HOA industry’s attempts to exempt community associations from CTA: trying to convince FinCEN that homeowners and condominium associations are “low risk entities.” In FinCEN’s ...
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 ...
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 ...
Do you think that all tiny homes are affordable? Would you pay $140,000 for a 660 square foot tiny home, governed by an HOA, in San Antonio, Texas? Do you think this it’s a good buy? In the past ...
The intent of this updated law is to prevent the HOA from holding a special meeting, which often occurs when the HOA wants to avoid a contentious recall of one of more members of its governing board.
In my previous post, Buying a home or condo? 10 tips to check out the HOA, I touched on the importance of carefully reading the governing documents that apply to the home or condo you’re planning to ...
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 ...
In this post, community association management agents of five different companies are under investigation for mishandling HOA money. One former HOA Treasurer is also under investigation. Alabama: HOA ...
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