Capturing the Pulse of the Homeowners Association Industry

The Online Community of the Community Association Industry

A small condominium association sustained damage after a hail storm.  They filed a claim with their insurance company who refused to repair the damage properly.  After going to the Minnesota Supreme Court, the court ruled in favor of the association, forcing the insurance company to cover all repairs.

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A homeowners association wants the city to take over a private road running through their community, since over 80% of traffic is public.

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State regulators are in the process of implementing a law that would require banks, credit unions and other lenders to allow homeowners to buy flood coverage for the amount of the mortgage, not the cost of replacing the home.

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An association in Columbia has agreed to a 20 year contract to annually purchase 2,500 megawatt hours of solar energy.  They are hoping to become more green and reduce their carbon footprint.

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New parking regulations have been approved by an association.  The new regulations prohibit parking of Class 5 size vehicles and larger in driveways.  The association feels they are unsightly and don't want them in their neighborhoods.

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Rumble strips, installed to slow traffic and protect residents, are causing residents to seek legal representation to have them removed.  It seems they are noisy and cause residents to have sleepless nights from the noise.

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A property owner faces the possibility of a $32,000 fine and removal of his dock if he does not make modifications as demanded by the Army Corps of Engineers.

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A homeowner is paying mortgage and association fees on a home where mold was found by a painter.  An inspection by two professionals did not show mold prior to purchase, and now the home is not livable.

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Two state lawmakers file separate HOA related bills after taking testimony across the state, and hearing horror stories from citizens.

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The author explains closing costs and encourages home buyers to educate themselves to avoid a headache at the end of their transaction.

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