How do HOAs work?
Homeowners Associations (HOAs), operate based on a set of governing documents, rules, and bylaws. Here's an overview of how Las Vegas HOAs typically work
Read Time:
5 min Read
Published:
June 28, 2024
Homeowners Associations (HOAs), operate based on a set of governing documents, rules, bylaws and State Law. Here's an overview of how Las Vegas HOAs typically work:
Governing Documents: Each HOA is established with a set of governing documents that include the declaration of covenants, conditions, and restrictions (CC&Rs), bylaws, and articles of incorporation. These documents outline the rules, regulations, and responsibilities of the HOA and its members.
Membership: When you purchase a property within a community governed by an HOA, you automatically become a member of the HOA. Membership is mandatory, and homeowners are required to pay regular assessments or dues to support the HOA's operations and maintenance of common areas.
Board of Directors: HOAs have a board of directors elected by the homeowners. The board is responsible for making decisions, enforcing rules, managing finances, and overseeing the day-to-day operations of the association. Board members are typically homeowners who volunteer their time and may hire professional contractors to carry out their direction.
Rules and Regulations: HOAs establish and enforce rules and regulations that govern various aspects of community living. These rules can cover topics such as architectural standards, landscaping, noise restrictions, pet policies, and more. Violations of these rules can result in fines or other penalties.
Assessments and Fees: Homeowners are required to pay regular assessments or fees to the HOA. These fees cover the costs of maintaining common areas, amenities, landscaping, security, and other services provided by the association. Non-payment of fees can lead to late fees or even legal action.
Meetings: HOAs hold regular meetings, including annual meetings, where homeowners have the opportunity to participate, vote on important issues, and elect board members. Transparency and communication with homeowners are essential aspects of HOA operations.
Maintenance and Services: The HOA is responsible for maintaining and managing common areas and amenities within the community. This may include landscaping, pool maintenance, security services, and more.
Dispute Resolution: HOAs typically have procedures in place to address disputes between homeowners, such as architectural disputes, noise complaints, or violation of rules. Disputes can be resolved through the HOA's established processes or, in some cases, through legal channels.
It's essential for homeowners, board members and management to familiarize themselves with their specific CC&Rs, Bylaws, and Rules to actively participate in the community's governance. Understanding and adhering to the rules and responsibilities set by the HOA helps maintain a harmonious and well-maintained living environment.
writer:
AAAdvisors
Allied Association Advisors LLC
20+ Years Las Vegas HOA experience