An HOA is distinct from a property owners’ association, which usually refers to a group of people who want to better their community and the real estate values of the property there. The main difference between them and HOAs is that property owners’ associations can include anyone in the co...
Homeowners Association.If the property is governed by a Homeowners Association (HOA), this is the place to disclose that. Include information such as where to access HOA bylaws, insurance requirements and HOA dues. Water damage.If the property’s basement only floods in the spring but the purch...
Both the president and the secretary of the HOA must acknowledge that the bylaws are the duly adopted bylaws of the association. Once the bylaws are recorded, any amendments to them must be similarly recorded. An amendment is not effective unless it is approved by a majority of the votes. U...