BiggerPockets

Homeowner's Rights to Inspect Financial Records

Tuesday, March 22

Did you know that as a homeowner you are suppose to have access to your HOA's financial records.  The key word is "suppose" to.  This right is documented in your by-laws and most likely in some State legislation.  The fact is, if you want access it can be denied.  It has been denied to many in Colorado and the Courts backed the HOA.  Really, and how pathetic.  Colorado Small Claims Courts, now riddled with lawyers due to a change in State law that allows their presence, and District Court have denied homeowners access to financial records in favor of ignoring HOA by laws and retaining the secrecy behind HOA Board operations.  Yes, this places the homeowner at risk of financial corruption and HOA bankruptcy and other financial irregularities.  Colorado state legislatures ignore the rights of homeowners in favor of the real estate, developer, and property management companies who have the funding to influence.  So the next time some tells you about your homeowner rights stated in your HOA by laws, forget about iit.  I write about this type of issue and many others on my web site   www.dysfunctionalhoa.com  HOA's can be a wonderful place to live but also are very deceptive when related to resident rights.

Dysfunctional HOA's, the law, enabling residents

Tuesday, July 20

Think your by-laws or State legislation work for you, think you can change HOA Board membership, considering taking your HOA to Court, think again, the web site www.dysfunctionalhoa.com posts information on these topics from the perspective of a homeowner and not a lawyer and provides actual real life experences from the six HOA's he lived in, eye opening stories, profiles of age restricted communities, evaluation of Colorado HOA law, and updates on a Court Case that is ongoing and brings new meaning to "you can't fight city hall".

Dysfunctional HOA: Stories, problems, solutions

Tuesday, June 08

Want to hear more stories, problems, and solutions concerning relationships between residents and their HOA?  This site has seems to reveal a whole array of dysfunctional activity by a Board of Directors and their enabling residents to the deficit of the community.  The web site deals mainly with age restricted communities but most the content pertains to all HOA's.  Check it out

 

www.dysfunctionalhoa.com