Can the HOA legally restrict the display of a sign by an owner?
Yes, an association may prohibit or restrict the size/design of signs or displays on the […]
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FAQs
What is the procedure for obtaining HOA approval for an improvement or alteration?
Most governing documents contain detailed procedures for the submittal, consideration, and approval of proposed alterations
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What portions of the property are individual owners obligated to maintain?
In condominium projects and planned developments, maintenance obligations are not necessarily determined by ownership. In
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What standards apply to owner maintenance and what happens if an owner fails to meet them?
The governing documents usually include a minimum standard for owner maintenance such as the statement
Who maintains things that are on the border of two or more lots?
Maintenance responsibility for elements on the border of lots within a planned development (often called
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What portions of the property is the HOA obligated to maintain?
The allocation of maintenance responsibilities between the individual owners and the association is usually determined
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Is an HOA required to perform regular inspections of the portions of the property it maintains?
A homeowner association is required to regularly inspect the portions of the property it maintains
Who is responsible for damage caused by a negligent or intentional action or inaction?
Each Owner is responsible for maintenance necessitated by the negligent or intentional action or inaction
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What is the point of origin, and how does it affect maintenance responsibilities?
The term point of origin refers to the first event that sets in motion the
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What accounting procedures are required for HOAs?
The law requires that an HOA segregate its reserve funds from its operating funds and
What accounting procedures are required for HOAs? Read More »
Does an HOA pay income tax?
Homeowner associations are required to pay federal and state income tax only if they generate
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What can an owner do if they disagree with the amount of an assessment?
Under most circumstances, if an owner disagrees with the amount of an assessment, he/she can
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Can an owner reduce their assessment by offsetting money the HOA owes them?
An owner may not withhold assessments owed to the association on the grounds that the
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What happens if an owner doesn’t pay an assessment?
If an owner does not pay a regular or special assessment, he/she is subject to
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Who determines each owner’s share of assessments?
The governing documents always specify how assessments are allocated among the owners, and usually require
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What is a special assessment and how is the amount and payment schedule established?
A special assessment is an assessment for an association expense that was under-budgeted or not
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Can an HOA charge for parking, use of recreational facilities, and other services, and is there an upper limit on these charges?
The board may impose usage and service fees as long as they do not conflict
Must an HOA have a professional manager?
Some governing documents require professional management or state that an owner vote (or even the
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What services do professional hoa managers typically provide?
Professional managers offer a wide variety of services to homeowner associations including accounting, budgeting, record
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How is a professional HOA manager selected?
The board has the authority to select the manager and determine the content of the
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What restrictions apply to a manager’s handling of HOA funds?
The Legislature is still developing laws to prevent commingling and fraud in the handling of
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What is an HOA operating budget?
An HOA operating budget is a projection of the money needed by the association to
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What are regular assessments and how do they relate to the HOA operating budget?
Regular assessments often referred to as homeowner association dues, are the recurring periodic payments that
What are regular assessments and how do they relate to the HOA operating budget? Read More »
What is a reserve study and a reserve funding plan?
A reserve study is a careful analysis of the future repair and replacement needs of
What is a reserve study and a reserve funding plan? Read More »
Does an HOA have to hire an expert to perform its reserve study?
The law does not explicitly state that the reserve study must be performed by a
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