Reply to MOCO - County Wide Upzoning, Everywhere

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Florida has enacted multiple new laws to ensure that HOAs are funded and retain the appropriate reserves.  The small HOAs that will arise in MC from the new duplexes/etc in former SFHs will be a disaster.  No scale.  Expensive to operate.  Impossible to monitor.  Recipe for disputes among 2-4 neighbors.  [/quote]

The laws to fully fund reserves already exist in the state of Maryland. Reserves for condos are much higher because there is more to maintain. Unless an HOA has amenities like a pool, clubhouse, tennis courts or fitness center, there’s just not a lot to reserve for unless your roads are private and the HOA has to pave them. [/quote]

Lets see.  Roof, exterior walls, outdoor lawn, patio, driveway, stairway, fire escape, other common areas.  The laws may be there, but that will not fix these issues.  MC will be unable to monitor all of these small HOAs.  And many of these units will be owned by financially challenged residents (no insult intended).  What happens when one of 4 units is unable to pay their HOA fees.  HOA is screwed.  Neighbors tensions rise.  Again, these small HOAs will be a disaster.  Having laws on the books is relatively meaningless.

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