HOA Issues
As a homeowners association (HOA) member, you trust that the board of directors will act in your best interest and responsibly manage the community’s affairs. However, there are instances when the board may breach its fiduciary duty, leaving homeowners vulnerable to financial loss and other consequences. Understanding what constitutes a breach and knowing your rights…
Read MoreHOAs are always run by a group of board members, which can help with fairness in decision-making and improved decision-making power related to management processes. The downside to an HOA board is that sometimes there is a person who has broken the law who is on the board or who has been accused of doing…
Read MoreThere are over 370,000 homeowner associations in the U.S. today, representing over 40 million households (over 53 percent of the owner-occupied households in America). Homeowners associations (HOAs) play a crucial role in maintaining a community’s integrity and value. They establish rules and regulations through a set of governing documents, such as covenants, conditions, and restrictions…
Read MoreAs a leading law firm that deals with real estate and homeowners’ association (HOA) disputes, Lopez Law Group closely monitors situations that highlight the legal landscape of community living. The recent upheaval at On Top of the World, a retirement community in Clearwater, Florida, serves as a stark reminder of the potential pitfalls and legal…
Read MoreA homeowner’s association (HOA) is an organization that is designed to manage common areas, provide services to residents, protect property values, and develop a sense of community. HOAs are incredibly popular in Florida, with more than 9.6 million Floridians living in one of nearly 48,000 properties managed by an HOA. While there are a lot…
Read More