Can an HOA be dissolved as the neighborhood turns almost completely rental
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Anonymous
| Our neighborhood is gradually turning into all rentals. Only a small group are willing to be on the HOA Board and often owners of rentals won't show up to meetings or sign a proxy. Just found out 2 more families are moving but keeping their place as rentals and both were part of the group willing to take on leadership. Is it possible to dissolve an HOA or do you just have to pay to outsource? We have no clauses about only allowing a certain percentage to be rentals. |
Anonymous
| Instead of looking at the rental clauses, look at the clauses that have to do with dissolution. Duh. |
Anonymous
| What does the HOA cover with the funds? |
Anonymous
| HOA laws likely vary by state. After looking at the documents, talk with a RE Attorney for that state. |
Anonymous
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Often you need to get 2/3 of owners to sign something to dissolve. It is more complicated if you have any common property to manage.
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Anonymous
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Outsourcing the board will raise your dues significantly. Just keep that in mind. Of course if no one is willing to do the work, then it might be the only option.
We have a small HOA too (only 35 houses) with low participation in meetings etc. There are maybe 6 rentals, but mostly just owners who aren't interested. It's more work than most people realize. There are also a vocal group of complainers, who never want to do the work, but ALWAYS want to criticize the work. |
Anonymous
There may not be "clauses that have to do with dissolution." Duh. |
Anonymous
| Truly doubt it. |
Anonymous
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Our HOA can be dissolved by a vote of 75 percent of owners. It’s spelled out in the documents when we bought the house.
Common areas devolve to the county if that happens. |
Anonymous
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LOL. "I moved into an HOA community with no rules against rentals completely of my own volition and now I'm mad that I can't tell everyone else what they can do with the houses they own!"
Insane people like this are exactly why I'd never live anywhere with an HOA. |
Anonymous
| What about common area, like pool, club house, etc... |
Anonymous
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Are your meeting via Zoom?
I love my neighborhood and wish I could go to the meetings, but at 6pm my small kids are home and I often don't have anyone to watch them. DH travels a lot for work. |
Anonymous
| It's going to cost $$ for a lawyer to find out. |
Anonymous
It's funny you mention this. When the older men (for some reason no women volunteered) ran the show, there was no Zoom and then they complained about the families that didn't show up and didn't volunteer their homes for meetings. Yes, sometimes both parents are needed at home especially when one kid needs to be picked up from practice and the other is too young to be left home alone/needs help with homework/or whatever. Once the next generation took over it moved to Zoom and attendance increased dramatically among those who live here, and a little among those who own rentals. There is some common area so it does sound like the HOA cannot dissolve. Honestly, when we purchased, we came from a condo where the hOA ran more smoothly and people were willing to take on leadership. It also didn't have many rentals. We had no idea what we were getting into. |
Anonymous
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My block is technically a HOA. No on has collected a due since the 1970s.
ZOOM is so 2020. My condo we meet as needed in real time. We are kinda Slack/Text/Gmail type crowd. We have not had a formal board meeting since 2016. Yes managing agent does that dog and pony show annual in person meeting. But really just give me a google doc or a text. Dude it is 2026. And we only do Actionable items. No BS where we meet to talk about plants and whose doing what gossip fest like happens in person or on zoom. |