040 | When State Laws Make Leading An HOA Challenging

HOA Insights: Common Sense for Common Areas

Feb 12 2024 • 31 mins

Today we explore how state laws affect HOA management, from budget increases to securing homeowner approvals. Navigate your HOA's legal landscape with ease!

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Today Robert and Kevin have special guest attorney Melissa Garcia on to answer a question from a listener: How do you increase your HOA dues to reflect inflation but have bylaws preventing 5% increases without voting with homeowners. Learn how legislative changes and legal requirements like these impact budget increases, homeowner approvals, and overall community governance. This episode offers practical advice for HOA board members and homeowners on understanding and leveraging state laws to foster a thriving community.

Get in contact with Melissa Garcia: https://altitude.law/

Chapters from today's episode: When State Laws Make Leading An HOA Challenging

00:00 Getting people on board for your HOA budget for state laws
01:15 Intro from Robert Nordlund
02:22 HOA Question - Increasing your budget for inflation but bylaws require homeowner approval for anything over 5%
03:27 Answer from Melissa Garcia about HOA financial bylaws and budget increases
06:28 Preparation, information, and education is key for homeowner buy-in!
11:53 Have your HOA Board over-communicate to homeowners
16:44 Ad - Community Financials
17:21 Kevin & Robert responds to Melissa’s response about raising assessments
22:07 Avoid getting sued by making “informed decisions”
25:44 Talk about the upsides - home value increases