Updated about 7 years ago on . Most recent reply

Paying HOA a “fee” in order to continue AirBnB?
HOA is doubling down on outlawing AirBnBs, however they are considering either a monthly fee or fine of sorts in order to allow people to continue doing AirBnB while also raising funds for the HOA. Has anyone ever heard of this? How much would this typically charge?
One board member is concerned that doing this would change our HOA from being non-profit to a for profit business and would require us to become ADA compliant (historic building that does not have elevators), pay extra in taxes, higher liability, etc. Does this sound like a legitimate fear?
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There's no reason this would need to change your HOA's non-profit status. Plenty of non-profits can charge fees, issue fines, charge dues, etc. all pretty normal while still maintaining the non-profit status.