New Alabama law sets out rules for homeowners associations

A law regarding these groups, known as the Homeowners Association Act, took effect Jan 1. Under the law, homeowners associations must register as nonprofit groups with the Alabama Secretary of State’s office or their local probate judge. Associations must also provide or direct potential buyers to public records containing information such as the homeowners’ association covenant, the current operating budget and a list of all common areas, according to the law.     Read the article……………