By Deborah Goonan, Independent American Communities What happens when a homeowners’ association no longer serves its intended purpose? Can it still collect annual assessments? Homeowners of Inwood Forest Village, located in Acres Homes subdivision outside of Houston, recently discovered that their homeowners’ association has been “administratively dissolved” as of 2007. But what does that mean? Apparently, the HOA allowed its corporate registration to expire. According to homeowners interviewed by KHOU, the last HOA meeting Continue ReadingDissolving an HOA – is it possible?
By Deborah Goonan, Independent American Communities More and more homeowners are discovering that, after a few years, the allure and prestige of living on a private road loses its charm. It’s not easy to find reliable contractors to plow snow in the winter and fix potholes in the warmer seasons. It’s hard to keep up with cracked and crumbling roads, and poor storm drainage, too. HOA board members and property owners are sick and Continue ReadingIL HOAs ask Village to change policy for dedication of private roads
By Deborah Goonan, Independent American Communities Here on IAC, I’ve been following a growing trend. Subdivisions, and planned communities — many of them HOA-governed — are turning to Special Districts to pay for failing infrastructure and other neighborhood improvements. On this website, you can read about dozens of communities across the U.S., where homeowners look to their local governments to collect taxes or fees for various projects. When it’s not possible or practical for a Continue Reading10 questions property owners should ask before voting on Special Districts
By Deborah Goonan, Independent American Communities Because its homeowners’ association cannot raise enough money to dredge Timber Lake, Campbell County recently approved a referendum vote to establish Virginia’s second Watershed Improvement District (WID). According to The News & Advance, lake front homeowners will have a chance to vote for or against the WID on March 2. If a majority of homeowners votes in favor of the WID, an official election will take place on April Continue ReadingLake community owners to vote on Watershed Improvement District (VA)