Each homeowners association holds different rules and regulations as important to upholding the standard of living and values of the community, which makes and enforces the rules. Before you move into a new community, or before you decide to join a homeowners association in your community, it is important to understand some of the governing bylaws in order to make sure you are not assessed with an extra fee or possible eviction. There are some important aspects you should know and understand about Az HOA Laws. This includes the rules and guidelines, the fees and assessments, all maintenance projects, and the liens and foreclosure procedures of the homeowners association.
Rules and Guidelines
The AZ HOA laws will dictate a set bylaws, or rules and guidelines, which every member of the association must abide by. You will be required to sign an agreement with the association stating that you will follow all the laws set forth by the association. If you disagree with any of the bylaws, which have been set out, you will have to undergo a rigorous process and get the large majority of homeowners in the association to vote in favor of the changes.
Fees and Assessments
Fees and assessments will be levied on all who belong to the homeowners association according to the AZ HOA laws; all members of the homeowners association will pay a compulsory assessment each month in order to provide maintenance and support for all shared properties including but not limited to all trails, laws, swimming pools and gyms. These fees may change depending on the maintenance needs of the property and if any new projects have been decided upon amongst all the members of the association.
Maintenance
According to the AZ HOA laws, fees and assessments will be paid by all members of the association to pay for all common areas shared amongst the residents; in addition to these fees the homeowner is responsible for any maintenance and upkeep required on their individual property in order to comply with the standards set by the homeowners association. Failure to uphold the responsibilities of complying with the bylaws set out can result in extra fines, fees, and possible eviction if the situation is not rectified.
Liens and Foreclosures
In extreme circumstances where rules and regulations put into place by the AZ HOA laws were not followed or proper dues were not paid to the association, this can result in consequences. For instance, a lien will be filed on your property, which could eventually result in a foreclosure, or a legal case can be made on the association. However, if you lose the court case, you will lose all of your property along with paying the legal fees accrued by the association.
If you would like to know more about the AZ HOA laws, contact HOA Pulse at 480-788-4031. They can answer any questions you have.
