Is the condo board responsible for enforcing association rules? You’d expect your HOA to maintain the rules, but what happens when they make special arrangements for a new owner? Q: What is the condominium board's responsibility for enforcing our condo homeowner’s association's rules/regulations? For example, our association limits the number of dogs to no more [...]
Can you lose your home if the HOA goes bankrupt? This reader’s HOA management has made some bad decisions which has homeowners worried about their property. Here’s my take. Q: Our homeowners association (HOA) has been sued. I have been reading that it is not likely the HOA can declare bankruptcy if it loses the [...]
Real estate development inheritance costs heirs money. This reader expected a windfall and is wondering how to turn a money-losing situation into something that's at least breakeven. Q: My husband inherited a private development in West Virginia that his father owned. How does one go about starting a homeowners' association (HOA) for something like that? [...]
Residents who pay fees to homeowners associations may be questioning the HOA fees in this economy. Are the HOA fees being used for the right purpose? Is your HOA financially sound? To find out about the health of your HOA or condo association you should research the latest budget and attend some association meetings.
