Is the condo board responsible for enforcing association rules? You’d expect your HOA to maintain the rules, but what happens when they make special arrangements for a new owner? Q: What is the condominium board's responsibility for enforcing our condo homeowner’s association's rules/regulations? For example, our association limits the number of dogs to no more [...]
Can you lose your home if the HOA goes bankrupt? This reader’s HOA management has made some bad decisions which has homeowners worried about their property. Here’s my take. Q: Our homeowners association (HOA) has been sued. I have been reading that it is not likely the HOA can declare bankruptcy if it loses the [...]
You inherit a real estate development and think you've received a windfall. But a badly constructed development that doesn't anticipate expenses can cost you more money than it's worth. That's what happened to one family, and they're wondering how to turn a money-losing situation into something that's at least breakeven. Q: My husband inherited a [...]
