What are home owners associations exempt function activities?
Read your governing documents to determine in your community -- each is unique -- the list of activities that are exempt and exactly what they are exempted from.
What legal rights to Home Owners Associations have?
The rights, obligations, rules and regulations are set forth in the documents that create each individual homeowners' association. Therefore, you need to review the document that created your parti...
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What happens if you are not provided with home owners associations disclosures prior to closing?
Depending on the professionals involved in the transfer of title, you may have recourse for this failure. Partially, as well, as a potential buyer, you are responsible for asking for materials tha...
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Do all home owners associations own their streets?
Review your governing documents to determine the real estate assets owned in common with all other owners in your association. The roadways may be included, or not. There is no standard.
Are any of home owners associations fees deductible?
Usually not, since your assessments pay for services and contributions to your reserve accounts.