Anonymous wrote:Be careful, especially if there is road maintenance involved (plowing, paving, etc.). If the HOA gets dissolved, there is no guarantee that any local agency will take that over and then every home will eventually be screwed when things deteriorate.
When a developer gets permission to develop a parcel and says it will form an HOA to take care of the road maintenance within that neighborhood, the local entity that approves that does it in part because it means it will not have the cost of maintaining the road/roads. If the HOA dissolves, that agency doesn't necessarily have any legal obligation to suddenly take care of the road that it was promised that it would not have to maintain. So then no one has to care for the road ever--plowing, patching, eventually repaving, etc.
So if the neighbors want to dissolve the HOA, they should first get a local government agency to legally agree to take on the road maintenance, which can be an uphill battle. In some cases I have heard that local governments will form a special tax district for former HOA neighborhoods to help cover the costs that the area brings when the HOA dissolves, especially if the infrastructure is aging and the city is stuck with the bill to fix things.
Excellent answer. We lack the information to advise you about what to do but these considerations seem important.