Question

 What if a a home owners association goes bankrupt?

Answer Your state law and governing documents require certain performances by the association's board, which probably includes master insurance policy coverage, basic utilities, reserve study contribution... Read More »
http://wiki.answers.com/Q/What_if_a_a_home_owners_association_goes_bankrupt

Top Q&A For: What if a a home owners association goes bankrupt

How do you get out of a home owners association when your builder-developer is going bankrupt?

You cannot necessarily separate your property from a home owner's association because the developer is in bankruptcy. If the remaining property is sold to a new developer it would acquire all the r... Read More »
http://wiki.answers.com/Q/How_do_you_get_out_of_a_home_owners_association_when_your_bui...

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 »
http://wiki.answers.com/Q/What_is_the_difference_between_a_property_owners_association_...

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.
http://wiki.answers.com/Q/Are_fines_imposed_upon_home_owners_for_rules_violation_legal_...

Can the home owners association refuse owners gate access codes?

Work with your board and your association manager to most fully understand why access is being denied. For example: It is possible that your governing documents specify that when you do not pay you... Read More »
http://wiki.answers.com/Q/Can_the_home_owners_association_refuse_owners_gate_access_codes


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