Homeowner Associations (HOA)
A Home Owners' Association (HOA) is a legal entity that governs a subdivision, condominium or town home development, or planned community. An HOA provides people with shared neighborhood values an opportunity to develop regulations, consistent with overriding statutory constraints, to achieve a community representative of such values. HOA membership is mandatory for all property owners within the development. A board of directors operates the HOA, bound by the HOA Bylaws, Declaration and other governing documents. Board positions are filled by election or appointment. An HOA has certain duties that may include: collecting a fee assessment from all owners to maintain common areas, addressing legal and safety issues, enforcing restrictions that are applicable to a particular residential area, and providing residents with a platform to address common concerns of the community.Consult with Steamboat Lawyers Group, PLLC to learn an HOA's rights and responsibilities. An HOA must have effective policies for collecting delinquent homeowner dues or assessments. At Steamboat Lawyers Group, PLLC we can assist in collecting unpaid assessments, interpreting and enforcing any rules and regulations, rewriting governing documents, and providing general legal guidance. Our full service HOA practice includes some of the following:
- Creation of homeowner associations and all related governing documents
- Preparation of declarations or covenants, conditions and restrictions
- Collection of unpaid assessments or dues (including lien foreclosures)
- Construction defect issues
- Document review
- Property management contracts and dispute resolution
At Steamboat Lawyers Group, PLLC we handle a full range of HOA issues with utmost professionalism.