Tag Archives: rule

Adopting & Enforcing Rules

 

Community association rules govern activities in a community’s common areas or activities that affect common elements.  They are enforced by the association board, which is obligated to preserve and protect the harmony, architectural integrity and assets of the community.  Importantly, that can help protect property values.

Adopting rules and seeing...

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Say What?

How to counter negative responses to covenants enforcement.

Architectural Control and the potential for conflict due to covenants enforcement exist at every association.  Even though communities have their own rules, personalities and histories, unhappy residents often complain in universal, predictable terms.

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Transfer Fees Victory

The Federal Housing Finance Agency in March issued its long awaited final rule on transfer fees, and it’s a big win for community associations. 

FHFA initially proposed a regulation that would have banned federally backed mortgages for property in a community association with a deed-based transfer fee.  As originally drafted, the proposed rule would have cut off nearly all mortgage funding for the 11 million housing units, roughly half of all community association housing, that have existing deed-based transfer fees.  Over the past two years, CAI members worked diligently to gather data on transfer fees, submitted comments to FHFA and brought the issue to the attention of key lawmakers.

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How to Revise Your HOA’s Rules

So what do you and your homeowners association board of directors need to know about revising rules? When do you need to consult with owners, and when can you just go forward without notice? And even if your state law or governing documents don’t require you to provide notice, do you need to consider the message you’re sending when you revise rule…

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