In a condominium building or planned development, the Homeowners’ Association (HOA) and the owners each have different obligations with regard to maintaining, repairing, and replacing different parts of the community. If either the HOA or an individual owner doesn’t properly meet those obligations, it can cause problems for that owner, and often for other members of the HOA as well. It’s important to understand who is responsible for which elements of the community, and what rights you have if the HOA isn’t taking care of its responsibilities.
Read MoreUnique to HOAs, the elected board of directors owe a special responsibility to all the dues-paying homeowners, called a fiduciary duty. We have previously written in depth about the different elements of this fiduciary duty, and if you are unfamiliar, that article is certainly worth your time. Simply for this discussion, we just need to know that because of this fiduciary duty that the board owes to member homeowners, the board has a legal obligation to maintain common areas with the same care and diligence that they would apply to their own private property.
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