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 People tend to think of homeowners associations as neighborhoods with dozens or hundreds of homes, or large planned communities with thousands of homes. But did you know that many thousands of homeowners and condo associations have fewer than 20 units or homes? For instance, I once lived across the street from a townhouse HOA with only 18 residences. In cities such as Boston, Washington DC, and Chicago, it’s Continue ReadingIndiana developer dissolves nine-home HOA
By Deborah Goonan, Independent American Communities More and more homeowners are fed up, and want to escape or abolish their HOAs. Here are two reports of detached single family home developments with mandatory Association Governance, one in Utah, the other in Texas. Dammeron Valley, Utah Dammeron Valley Landowners Association (DVLA) has about 429 home, each on 0.5 – 5 acres, depending on the subdivision. The Meadows and Ranches subdivisions are where the first 71 lots Continue ReadingUtah, Texas homeowners want out of HOA