What does the abbreviation SOME stand for in home owners association assessments?

Answer You may be able to find the answer you want in your governing documents, including resolutions or board meeting minutes.Otherwise, your treasurer or property managing agent can explain what these l... Read More »

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How long does a lien from a Home Owners Association for nonpayment of assessments last?

Varies state to state. 8 months in WA. See an attorney in your area for details on your state's law.

What is the difference between a property owners association and a home owners association?

There really is no difference, except for the styling of the name. Both organizations operate through covenants and bylaws recorded against a group of properties with the goal of making said proper... Read More »

The president of the home owners association does not pay a monthly association fee and every body else pays-is this correct?

No. Unless there is a specific entry in the governing documents that forgives the president's obligation, the president pays assessments, just like every other owner.

Are fines imposed upon home owners for rules violation legal and collectible in a home owners association?

If the violations and fines are set forth in the associations's covenants and bylaws, yes, they are.