HOA Homefront: How can you tell if an association is well-run?
Common interest developments, or homeowner associations, house about one third of Californians, and most new housing stock is established in HOAs. Can buyers determine whether an association residence is a good investment, or if the HOA is healthy? Is it simply price and location? Well-run associations in poor locations might be more desirable than poorly run associations in great locations. Consider these factors: Read the article…………….
Section 11-114 of the Maryland Condominium Act provides that Condominium Associations must maintain property insurance on the entire condominium including
Break the rules. Pay a fine. Repeat. That’s not the way it’s supposed to work—but community associations that don’t keep