There are lots of things to love about a residential community that is run by a Homeowner’s Association (“HOA”). But before you buy a property that is governed by an HOA, you should understand how these associations work. Here are just 3 things you should consider when deciding whether or not to buy property governed […]Continue Reading... Comments Off on Some Things to Think About Before You Buy Into an HOA Community
The popularity of short-term rental platforms such as Airbnb and VRBO has generated complex questions about the legality of renting units on a short-term basis. Issues relating to municipal restrictions and insurance coverage limitations are still unsettled to a large extent. While the laws in various states and municipalities are inconsistent, the rules for renting […]Continue Reading... Comments Off on Restrictions on Short Term Rentals for Renters and Condo/Co-op Owners
Existing or prospective members of homeowner’s associations (HOA) may wonder whether an HOA is permitted to add new rules at its discretion and what process it must use to inform members of rule modifications. In some cases, these rules impact an existing member’s lifestyle or may influence whether a potential member eventually purchases property in […]Continue Reading... Comments Off on Can an HOA Add New Rules?
Nuisance is generally defined as any activity or condition that is considered detrimental to the health or well-being of another person or interferes with another individual’s use and enjoyment of his property. This body of law seeks to compensate individuals for a dimunition in their property value owing to the objectionable activity. The theory of […]Continue Reading... Comments Off on Determining Whether You Can Bring a Nuisance Claim
Homeowner’s association (HOA) agreements stipulate the rules and restrictions of the community and specify how the association must be managed. Every HOA has its own distinct set of rules contained in the Declaration of Covenants, Conditions & Restrictions (CC&R) and some are more restrictive than others. If you are considering purchasing a home in an […]Continue Reading... Comments Off on Restrictions to Be Aware of in an HOA Agreement
Joining a homeowner’s association (HOA) may have seemed like an ideal living arrangement when you joined your association, but perhaps living there no longer meets your expectations. Whether the association is poorly managed, the financial health of the association is faltering, or the association experienced some kind of unexpected disaster, you (and your co-members) may […]Continue Reading... Comments Off on Dissolving Your Homeowner’s Association
Various types of disputes over property can impair relationships between neighbors. When your neighbor is not maintaining his property in good condition, it can affect your enjoyment of your own home and may even diminish your property value or your ability to sell the property. The problem might range from a minor infraction such as […]Continue Reading... Comments Off on What You Can Do When Your Neighbor is Not Maintaining His Property
Homeowners associations (HOA) are shared communities governed by a set of rules set forth in the Declaration of Covenants, Conditions, and Restrictions (CC&R). If you live in a HOA, you are required to pay dues and assessments in accordance with the governing documents of the organization. Each homeowner is assessed a monthly fee based on […]Continue Reading... Comments Off on What Happens if HOA Forecloses on a Lien?
Before purchasing a residence in a planned development community, it is important to review the homeowner association’s (HOA) governing and financial documents to understand its regulations and assess its financial security. One of the primary goals in reviewing this type of financial data is to gain insight into the financial obligations that members would be […]Continue Reading... Comments Off on Dues and Assessments Under an HOA
A homeowner association (HOA) is a common interest development governed by a Board of Directors (Board). While the Board itself is comprised of HOA members, disputes are common and can arise in a number of circumstances. Members should be aware, prior to purchasing property in an HOA, that they are required to comply with the […]Continue Reading... Comments Off on Causes of Action in HOA Disputes