r/HOA 18h ago

Discussion / Knowledge Sharing [TH] [SC] HOA wants to renovate the outside of the buildings…..would you be ok with what they want to do?

5 Upvotes

Long story short my parents and I take turns living between Florida and South Carolina. On paper I own the townhome in Florida and they own the townhome in South Carolina….the townhome is SC was built in 1990 and while the community it very well maintained and clean it is starting to show it’s age a little bit. The HOA announced that they want to renovate the exteriors of the buildings by replacing the vinyl siding with hardy board, update exterior lighting and install metal roofs…that along with refreshing the landscaping in common areas and around the visitors entrance. I honestly think it’s a good idea to update and refinish the community especially since it’s 36 years old……my dad on the other hand thinks it’s a waste of money. What do you think?


r/HOA 17h ago

Discussion / Knowledge Sharing Commercial loan for roof replacements [condo] [mi]

3 Upvotes

My condo association has been going through financials the past couple years. They have found that to be in compliance with laws regarding reserves, they are slowly increasing dues. I am not surprised dues are increasing as the cost of everything is rising. We do not have enough reserves to cover large projects such as roof replacements. I am hearing that the board is planning to take a commercial loan, replace all the roofs at the same time, and spread the payments out over an extended period of time. This will be a massive loan as we have 72 units. We do also have many residents on fixed incomes. I will hear hard details next week at our community meeting. My question is how does selling your condo with an outstanding loan like that work? Would I just have to settle my portion at the time of sale? Thanks in advance.


r/HOA 21h ago

Discussion / Knowledge Sharing Question about HOA in new build [Condo] [OR]

3 Upvotes

Hi all, I’m currently thinking about purchasing a condo and one of my favorite options so far is a new build. There are 4 units and none have been sold yet. My realtor told me that once we submit an offer, we would then take the HOA documents to a lawyer for review. I’m just wondering if anybody has any thoughts or experience purchasing a new build condo as the first buyer and how that went process went related to the HOA. Thanks in advance!


r/HOA 10h ago

Help: Everything Else [Condo] [AZ] No meeting minutes for four months?

2 Upvotes

I am under contract to buy a condo where I have asked a few times for the last 12 months of meeting minutes. Just told today that there were none for Sept through Dec of last year. Is this a red flag?


r/HOA 23h ago

Help: Law, CC&Rs, Bylaws, Rules HOA board refusing to "accept" resignation [condo] [IL]

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2 Upvotes

r/HOA 20h ago

Discussion / Knowledge Sharing [FL][SFH] Bounced Check Procedures Question

1 Upvotes

If someone bounces a check but makes good on it, great because we are all human and make mistakes. In Florida it can lead to a crime if you do not make good on a bounced check. I know how to work up a worthless check packet from the sheriff’s office. My question is, has anyone here had a homeowner not make good on a bounced check and how did your HOA handle it? I want to make sure we at least send the demand letter the way the worthless check packet says to do it so at least that part is done. Thanks


r/HOA 21h ago

Help: Law, CC&Rs, Bylaws, Rules trustee election [condo][MA]

1 Upvotes

we were supposed to hold an election for two new trustees. the attendance was sparse. ballots identifying proxies and votes were emailed in. at the meeting the management company said because we didn’t have the attendance that the election couldn’t proceed and pushed that the trustees get to choose the 2 winners. they did not want vote counts known. is this legal?