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HOA Directors Have Multiple Duties Relative to Reserve Funds

HOA Directors Have Multiple Duties Relative to Reserve Funds

by Lawrence Szabo, Esq. | May 2, 2017 | Dues and Assessments, Finances

A basic duty that is imposed on virtually all homeowners associations by state laws and/or governing documents is the duty to maintain the association’s common areas. As the association is merely a legal entity or vehicle for the association to conduct its business,...
Don’t Allow Your HOA to Ignore Financial Needs and Operate Without Proper Reserves

Don’t Allow Your HOA to Ignore Financial Needs and Operate Without Proper Reserves

by Lawrence Szabo, Esq. | Apr 17, 2017 | Dues and Assessments, Finances

Studies show that there are a growing number of homeowners associations that ignore reserve funding requirements and as a result, fail to maintain the required level of reserve funds to properly maintain, repair, and replace common areas within the common interest...
AK Bk Ct Says Homeowner Can’t Discharge Debts for HOA Dues After Filing of Bk

AK Bk Ct Says Homeowner Can’t Discharge Debts for HOA Dues After Filing of Bk

by Lawrence Szabo, Esq. | Apr 1, 2017 | Case Decisions, Dispute Resolution, Dues and Assessments

U.S. Bankruptcy Court, Eastern District of Arkansas Little Rock Division, decision (July 21, 2015). This case involved the issue of whether homeowners’ association fees and assessments that accrued after a homeowner had filed a Chapter 13 bankruptcy were...
AK Bk Ct Says Homeowner Can’t Discharge Debts for HOA Dues After Filing of Bk

Texas Ct Says HOA Has Right to Foreclose Its Lien on the Homes of Delinquent Owners

by Lawrence Szabo, Esq. | Jan 22, 2017 | Case Decisions, Dispute Resolution, Dues and Assessments

Texas Appellate Court decision (May 14, 2015). In this case, a homeowners association (“Association”) filed suit against a homeowner seeking to recover unpaid assessments and attorney’s fees. The action filed by the Association also sought a judgment for the...
AK Bk Ct Says Homeowner Can’t Discharge Debts for HOA Dues After Filing of Bk

Appellate Court Says HOA Debt Collection Letters Must Satisfy “The Least Sophisticated Debtor” Test

by Jonathan Szabo | Jan 18, 2017 | Case Decisions, Dues and Assessments

Ninth Circuit U.S. Court of Appeals opinion (January 13, 2017). This case involved a dispute between a homeowner (“Homeowner”) and the attorneys for her homeowners’ association (“Association”), who were attempting to collect unpaid dues that were allegedly owed to...
AK Bk Ct Says Homeowner Can’t Discharge Debts for HOA Dues After Filing of Bk

Ct. Rules Homeowner “Waiver” of Order of Application of Funds Paid per Payment Plan is Void

by Lawrence Szabo, Esq. | Jan 9, 2017 | Case Decisions, Dispute Resolution, Dues and Assessments

U.S. District Court, Northern District of California, decision (December 23, 2016) In this case, a homeowner that was delinquent in the payment of homeowners’ dues, contested the actions of the association’s attorney / collection agent relative to enforcing the...
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