Today’s post features answer to a common homeowner question: Homeowner asks: how can I fight my HOA to stand up for my rights?
Demanding that HOAs save money for the future is just one part of the solution. In practice, a fully-funded reserve account is a solution that may be impractical or impossible to implement for the vast majority of existing HOA-governed communities.
As illustrated by several examples in this post, all types of HOA-governed housing — including low-rise condominiums, townhouses, and planned communities with single family homes — are seeing a rise in expensive and unexpected repairs.
IAC reached out to several legal and consumer advocates across the U.S., and asked them to share their thoughts on how to prevent another tragedy like the collapse of Champlain Towers South, near Miami, Florida.