The existing fining portion of the statute has been revised to clarify that a HOA may levy reasonable fines for violations of the association’s declaration, bylaws, or reasonable rules of the association, and that, after the Board’s adoption of the fine, the notice to be sent to the offe...
“In many homeowners’ associations you still are required to allow people to nominate themselves from the floor at the annual meeting. However, based upon recent amendments to the HOA statute, there is an increasing number of homeowners’ associations amending their documents to make their election...
In most instances, the board or management team of a condo or HOA is equipped to handle the wide variety of issues that arise day-to-day, from a leaky roof to dealing with municipal bureaucracy. There are other, bigger issues—things like embezzlement and fraud, for example—that require e...