Quote:
Posted By GlenL on 10/16/2009 12:41 AM
Tim, usually somewhere in the CC&R's is a provision on how to dissolve the HOA. These typically require an affirmative vote of anywhere between 90 & 100% of the homeowners. If the steps outlined in the documents were followed and filed with the county then your HOA has been dissolved. If everyone simply threw up their hands and said we don't want to do this anymore and allowed the HOA Corporation to dissolve then the HOA is simply inactive. If that is the case it does not preclude a group of homeowners from resurrecting it and if that happens you would most likely be a member since the deed restrictions run with the land. So the first place to look would be at the County Recorder's office for all documents filed on your property and HOA name, you could also try a search of the County Court civil cases under the HOA name.
As usual: concise, thorough, and to the point.
Would you say that dissolving the HOA according to the requirements of the deed restrictions (if any) actually terminate the deed restrictions (CC&Rs, etc.)? These must be the foundation and substance of the HOA; if they are gone, there is no basis for any mandatory HOA unless all the owners agree to create new deed restrictions.
I would add, with respect to Susan's point about checking the corporate shell with the state:
If there was a corporate entity for an HOA that has since been dissolved, then a new (probably non-profit) Organization could be established and incorporated by homeowners to enforce and comply with existing deed restrictions.
Finding the old corporate entity in State records (probably available on-line, whether inactive or dissolved) could provide you with the officers and agent who were last involved with the HOA, and they could probably tell you more about what happened to the HOA.