Which Is Better: An Established 55+ Community Or a New One?
Category: Active adult communities
December 6, 2017 -- Which is the smarter option: buy a home in a new 55+ or active adult community, or
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Try It NOWCategory: Active adult communities
December 6, 2017 -- Which is the smarter option: buy a home in a new 55+ or active adult community, or
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Category: Active adult communities
May 2, 2017 -- If you live in an established 55+ community or an active adult community there is a Homeowners Association (often called Community Associations) in charge. While often maligned, these boards are necessary - somebody has to run the place. Boards need interested and capable people to fulfill that responsibility - and maybe that person is you. This article is based on an association board member orientation provided by David Rogel, Chair of Community Association Litigation for the Miami law firm Becker & Poliakoff (www.bplegal.com). He is the General Counsel for over 200 community associations. Our hope is that our notes of his presentation will help you understand how you and your association can avoid legal trouble, and provide a positive experience for your fellow residents. Note that this article was based on notes taken along with a few minor additions made by your editor; we apologize for any errors we might have introduced.
Fiduciary Duty
If you a board member of an HOA the first thing you need to know is that you have a fiduciary duty to the Association and its members (residents). That means that you have a legal and ethical relationship of trust to the organization and its members. You are in essence responsible for their money and assets, and you must hold their interests above your own.
Avoiding problems
One of the easiest ways for an association to find itself in a lawsuit is to make important decisions with no clear trail as to how it arrived at them. Attorney Rogel covered a number of potential problem areas along with the steps associations can take to avoid them. He pointed out that your underlying condo/association documents control most activities in your association. As a board member you must read and follow those.
Meetings/meetings/meetings
- Proper notice needs to be given of meetings so
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Category: Active adult communities
Nov. 18, 2016 -- Ask a group of retirees what they think about living in an active adult or 55+ community and you will get a wide range of responses (as we did in our recent Member Survey). Most people seem to think they are OK. But a common anecdote you will hear from a certain subset of folks is that they cannot/will not to live in a community that has a Community Association (also known as Home Owner Associations - HOAs). Their attitude seems to be that HOAs are a loathsome bunch, dominated by cliques on power trips. In this article we will explore attitudes towards HOAs as reported in some actual surveys, as well as why they sometimes generate negative opinions. In this we were fortunate to receive input from Joe West, CEO of the Community Associations Network, the largest free website of information for people on HOA boards.
Actually, most residents are positive about their HOAs
By large majorities, most of the people who actually
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Category: Active adult communities
February 3, 2015 — If you have spent much time by now on Topretirements.com we would be surprised if you haven’t seen a lot of Member comments about Home Owners Associations (HOAs). To many, it would seem these mysterious entities are the devil incarnate. Usually without any actual experience with the demon, these folks want to avoid what they think are treacherous fees, political cabals, and mean-spirited rules at all costs. Only occasionally do we see someone sticking up in their defense. This article will try to dispel some of the misinformation about HOAs, and then let you draw your own conclusions - are they are something to be avoided or appreciated? We’ve also included links to our
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Category: Active adult communities
June 26, 2013. We had an unusual media request from a popular cable TV show. They are looking for “out there” rules and restrictions at active adult communities. So if you know of any that are true or researchable, we would love to hear about them. Please add them as…
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Category: Active adult communities
Home Owner Associations (HOAs), also called Community Associations or Condominium Associations, have a major image problem. Many people have an instantly negative reaction toward these organizations – usually because they hate the idea of rules or any organization telling them what they can and cannot do in their own homes. People who already live in a community with such an association, however, probably tend to have a neutral opinion of their HOA, with some having a very positive opinion of these association.
So, are Home Owner Associations Friend – or Foe? One thing is certain, Home Owner Associations exist by the thousands across the country – in active adult, 55+ communities , condominium buildings, and most planned developments. They provide order to daily life in these developments, and they
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Category: Active adult communities
September 7, 2010 -- You have moved into your dream active adult community and are enjoying retirement. Then one day a letter arrives from the Home Owners Association (HOA). But it's not an invitation to a welcome aboard party, it's a letter telling you that your 58 pound Australian Shepherd is a few pounds over the line.... of the community limit of 30 pounds. The letter's bottom line: either Tonka goes, or you go.
Home Owners Associations, often called Community Associations or Condominium Associations, are one of the unanticipated features of living in an active community, development, or condo. Well run associations are indispensable to the peaceful enjoyment of your new community. They set the rules that make communal
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Category: Active adult communities
Updated October 17, 2016 -- This is the 2nd of a 3 part series of articles about homeowners associations, the organizations that have an outsized influence on your life in a condo, 55+, or active adult community. Sometimes they are called Property Owners Associations, or simply Community Associations. The first article, “Meet the New Boss, Your HOA”, talked about many of the problems to be of aware of concerning Home Owners Associations. Part 3 focuses on "What You Need to Know When the HOA Takes Over from the Developer". In this article we were fortunate to gain an in-depth interview with Joe West, CEO of Community Associations Network, who provided his insight on the basics everyone should know before they commit to living in any
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Category: Active adult communities
Updated Sept. 2016 - This updates our 2009 article on Home Owner Associations, the introductory piece of a 3 part series about these important, but controversial organizations (often called Community Associations). The 2nd in the series features an insightful interview with Joe West, CEO of the Community Associations Network about the issues buyers should know about Home Owners Associations before they sign on the dotted line. Part 3 focuses
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Category: Active adult communities
July 3 — Buying into a retirement or active adult community is a complex decision involving where you want to live, what lifestyle and activities you want, costs, and what kind of neighbors you want. Your new Home Owners Association (HOA), which typically runs most active adult communities and…
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