The Corporate Transparency Act: HOAs Don’t Need That Kind of Transparency

/ Owner - June 27, 2024

One of the hottest topics in the HOA-world over the past year has been the implementation of the Corporate Transparency Act (CTA). Although enacted by Congress in 2021, registrations under the CTA became mandatory for newly formed HOAs on January 1, 2024, and will be mandatory for all incorporated HOAs on January 1, 2025. The Community Associations Institute (CAI), which advocates for HOAs, has stated it will file a lawsuit this summer challenging the applicability of the CTA to HOAs.  Read the article…………………………….

Comments are closed.