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And how much you wanna bet that the not-very-nice condo / AirBnB owner told her mortgage company that it's her primary residence (instead of the investment property it actually is.)
I'm curious to know how many HOAs are still not meeting. Mine has been meeting via Zoom throughout the pandemic. I'd be livid if the association hadn't met for well over two years, to include before Covid if the March 2019 date wasn't a typo.
Same here. We have been meeting via zoom for 15 months.
State laws and our pbylaws require annual disclosure of proposed and actual budget and financial statement. Furthermore, any owner may see any contract and invoice. Also any own has the right and opportunity to observe any board meeting. Time is set aside before the meeting for owner comments/ questions.
Daughter has a condo. A new homeowner purchased a unit and is using it as an AB&B. The by laws state you cannot. The master deed doesn’t state anything at all about it. Homeowner states that master deed overrides the bylaws and he is within his rights.
Management company doesn’t give a straight answer and HOA board is none responsive (a completely different issue that’s disturbing in its own right)
Thank you.
BTW, what is the next step to force HOA to meet? There hasn’t been a meeting since March 2019 and no disclosure of financials.
And how much you wanna bet that the not-very-nice condo / AirBnB owner told her mortgage company that it's her primary residence (instead of the investment property it actually is.)
What does the municipality say about short-term rentals? If they're prohibited, might be able to shut them down by reporting an ordinance violation to the City.
Previously I lived in a HOA neighborhood of single family houses. I know there is a difference between that kind of HOA and a condo HOA, but the fundamentals are the same. And I know that laws vary between states, but again I believe the fundamentals are the same.
Declarations of Covenants and Restrictions (CCRs), (perhaps termed in condo situations as a Master Deed), and Bylaws work together. The Declaration/Master Deed is the controlling document if, and only if, there are conflicting rules/statements/restrictions between it and Bylaws. For example, if a Declaration/Master Deed specifically states AB&Bs are allowed and the Bylaws say they aren't, it would be the Declaration/Master Deed as the controlling document. But if a Declaration/Master Deed does not address something and the Bylaws do, the Bylaws are the controlling document of clarification.
I am not a lawyer either, just someone experienced with HOAs as a resident and as a board advisor.
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