A reader writes, “We have been notified that we must apply for FHA approval to provide reverse mortgages for our homeowners. We’ve had FHA approval since 1978. However, we must now begin the process all over. Our master deed contains a ‘right of first refusal’ covenant, which, according to our lender, FHA won’t approve. Has anyone encountered this…
What’s Your HOA’s Right to Inspect a Unit for Violations?
Do you suspect owners are violating your HOA’s no-pet policy? Or your nonsmoking policy? Or your limit on how many people can live in a unit? What if you think a resident is a hoarder and his unit is a safety hazard?
All those issues trigger your HOA’s right—if such a thing exists—to inspect an owner’s unit. Here, our experts weigh in on that touchy subject.
Waiver of Covenant Enforcement
Association boards must be vigilant to consistently enforce the association’s CCRs and bylaws. Inconsistency or looking the other way can create a defense of waiver or estoppel for the errant homeowner to use against the association in court. However, in Kneale v. Bonds 452 S.E.2d 840 (S.C. Ct. App. 1994), the South Carolina Court of…
IL: What to watch for in a self-managed association
News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network