- Genre:business & economics
- Sub-genre:Real Estate / General
- Language:English
- Pages:192
- eBook ISBN:9798350934380
Book details
Overview
Over 27% of all United States households live in a homeowner association, and 84% of a new communities are associations. Chances are, if you are buying a property, it may be in one, so if you are considering making an offer, what should you look for in an association? If you are currently an owner in an association, how do you maximize your rights in one? If you serve on the board of directors, how do you become the most effective board member you can? This book shows you what to look for in an association, how to maximize your ownership rights, and how to lead your community without contentiousness.
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Homeowner associations are now a staple in most states. They are perhaps the most intimate form of government, where owners have rights, and the boards have a legal duty to their non-profit corporation to keep it in compliance with state laws and attempt to run it as efficiently and as smoothly as possible. Unfortunately, many buyers, owners and board members are left to their own devices and not given some direction with regards to associations. This book lays bare all the facets of homeowner associations and the legal obligations of both boards and owners.
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