2 ms·
Sure, but this can be very simple. Allow HOAs, with a strictly specific purpose of budgeting for common area expenses. Whether it is for structure maintenance
by jjav 1y ago
Sure, but this can be very simple.
Allow HOAs, with a strictly specific purpose of budgeting for common area expenses. Whether it is for structure maintenance (in apartment buildings and townhouses with shared structural elements) or common sports areas, elevators, pools, etc. A HOA can be allowed to collect reasonable costs to fund those projected maintenance expenses. That makes sense.
Then, outlaw everything else. A HOA must not be able to have any say in anything that is not a common area maintenance cost.
This would be very easy to codify into law and solves all the problems with HOAs.