Imagine not being able to collect homeowners’ association dues or enforce rules in your community. For homeowners’ associations approaching thirty (30) years of age, this threat is more than a cause for sleepless nights and may become a reality if covenants are not preserved in a timely fashion from the operation of The Marketable Record Title Act (MRTA). Given these risks, legislation was enacted last year to further empower associations and property owners to protect their covenants and restrictions while forcing associations to address MRTA issues on a recurring basis. Read the article…………………..
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