New Alabama law creates state HOA database

By Deborah Goonan, Independent American Communities

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The state of Alabama recently enacted a new law that will require all homeowners’ associations (HOAs) to register and file governing and financial documents with the Secretary of State.

The information will be uploaded to a searchable database, so that real estate agents, as well as prospective residents – buyers or even tenants – will know in advance if a particular home is subject to deed restrictions and rules of an HOA.

Although a few other states, such as Florida, require all community associations to register with the state, there is no simple way for consumers to locate and read pertinent information about a particular community.

A mandated searchable database will likely create a higher level of transparency for Alabama HOAs. At the very least, it will put consumers on notice of the existence of a homeowners’ association and provide a relatively simple path for due diligence.

 

 

Legislation seeks to clear confusion, post documentation for homeowners’ associations

http://m.dothaneagle.com/news/local/legislation-seeks-to-clear-confusion-post-documentation-for-homeowners-associations/article_78711896-b19c-11e5-9f8c-8f36b8fbc336.html?mode=jqm

 


9 thoughts on “New Alabama law creates state HOA database

  1. The ONLY laws that need to be passed are to make it illegal for any HOA to hire a management company to control the funds, enforce the by laws or fine anyone for anything. HOAs are not the problem, HOA MANAGEMENT THUGS AND CROOKS and their hired law firms like John Carona and Associa are the problem. Shut these mafia crime groups down. Just look at the extortion these management companies are pulling nation wide. They must be shut down. Forever.

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    1. Emma, I found your comments interesting as I have came across specific situations which sound very similar (HOA management organizations owned by the developer, Law firms that “specialize” in HOA “issues”, multiple level corporate entities that have board of directors that are secret, hiding behind Non Profit Act law, etc. I would be interested in discussing with you some of your experiences. I live in Mount Pleasant, SC but know of multiple issues of this nature throughout SC.

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      1. Once again, it’s important to note that smaller HOAs and Condo Associations do not hire professional management. They self-manage. But they still experience corruption and/or lack of transparency. The HOA structure itself IS the problem, because there’s little accountability for HOA Boards as well as the management company and/or attorneys.

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