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Associations in common interest communities -- homeowners associations, condominiums and co-ops -- are the responsibility of the boards elected by the shareholders/ owners.
Often, state law establishes the roles, responsibilities, duties, liabilities and so forth of boards and of owners and of the associations where they invest their money.
What else can I help you with?
How many homeowners associations in us?
Over 200,000
What has the author Rosa Vihavainen written?
Rosa Vihavainen has written: 'Homeowners' associations in Russia after the 2005 housing reform' -- subject(s): Homeowners' associations, Housing policy
What has the author Joni Greenwalt written?
Joni Greenwalt has written: 'Homeowner Associations' -- subject(s): Homeowners' associations
Does a homeowners associations general liability cover homeowners driving their vehicle for a homeowners outing?
Your master policy broker or your personal insurance carrier can answer your question specifically. There is no standard.
What is Alabama law on homeowners associations?
You can find the answer you want in this link: hoa-usa.com/statelaws/al.aspx
What has the author Robert G Natelson written?
Robert G. Natelson has written: 'Law of property owners associations' -- subject(s): Homeowners' associations, Law and legislation
What has the author Marilyn Z Rutledge written?
Marilyn Z. Rutledge has written: 'Providing services to common interest realty associations' -- subject(s): Accounting, Condominium associations, Cooperative Housing, Homeowners' associations, Housing, Cooperative
Do homeowners associations actually increase property values?
Homeowners associations can potentially increase property values by maintaining community standards and amenities, which can make the neighborhood more attractive to buyers. However, the impact on property values can vary depending on the specific HOA rules and management practices.
Does personal lines insurance include homeowners' associations?
If you are speaking of insurance for the association and the common areas owner by the association, no; it would be a commercial property policy that is implicated. The condo dwellers themselves are in the private market. That being said, the policy form used for condo dwellers is sometimes different from that used by a single family home.
Tax exempt income and expense statements how are they prepared for homeowners associations?
Your association accountant can help you discover this format.
What does the homeowners association do?
Homeowners Associations support their communities and set up rules for the neighborhood such as what colors the homes may be and how much decorations are allowed on front lawns to keep their neighborhood looking nice.
What has the author Wayne S Hyatt written?
Wayne S. Hyatt has written: 'Protecting Your Assets' 'Protecting your assets while dancing with the gorilla' -- subject(s): Law and legislation, Homeowners' associations, Condominium associations
