One disadvantage of an HOA is the high cost of the association fees. This can act as a deterrent for some prospective buyers. The HOA rules and regulations can also seem unreasonable, arbitrary, or too restrictive for some homeowners who may want the freedom to customize their properties. HOA...
Every homeowners association has its own governing documents. These documents include CC&Rs, bylaws, rules and regulations, and ARCs. Governing documents shape how the community functions. For instance, it outlines the powers and responsibilities of the Board of Directors. It also states the rights...
The process involves legal steps, including consulting with an attorney to understand state laws and regulations. Homeowners must hold a vote, adhering to the procedures specified in the HOA’s bylaws. If the vote is successful, legal documentation to officially dissolve the HOA must be filed with...
Legal assistance is available at affordable prices for items such as CC&Rs, Bylaws, Rules & Regulations or collection of dues. HOA responsibility vs. homeowner responsibility, how to legally resolve difficult homeowner issues, coping with vendors, foreclosure information and insurance claims. ...
Unfair Enforcement of Rules A corrupt board can manipulate community rules and regulations to target certain homeowners while turning a blind eye to violations committed by their allies or themselves. This selective enforcement can lead to favoritism, resentment, and an atmosphere of distrust within the...
Co-ops, on the other hand, operate under Chapter 719 of the Florida Statutes whereas homeowners’ associations operate under Chapter 720 of the Florida Statutes. All three entities have similarities regarding the statutory obligations and fiduciary duties that govern both associations and directors. Fur...