![]() ![]() Although fines may not dissuade residents who have no problem with losing money, the humiliation of getting called out by the board for a violation is sometimes more than enough. ![]() They discourage homeowners association violations. While warning letters sometimes get the job done, people are warier about following rules when there are monetary penalties. In short, it is a way for board members to deal with residents who disobey rules without immediately resorting to legal action. The first is to allow the HOA board to enforce the governing documents without obstacles. Some associations have light HOA fine policies, while others enforce them more aggressively.įines or penalties serve two main purposes within the context of an HOA community. In fact, a majority of associations impose fines in an effort to deter homeowners from breaking the rules and regulations within a community. The Purpose of a Homeowner Association Fineįines are commonplace in the HOA scene. But, can an HOA even levy fines against its homeowners? And are there even limits to the HOA fine policies an association can enforce? Let’s find out. One common point of contention has to do with HOA fines. This includes making sure association policies are reasonable and lawful. While it is easy to get caught up in fines and violations, HOAs must do their due diligence to protect themselves from liability. Understanding the Legality of HOA Fine Policies Here are some things you must consider before finalizing your HOA fine policy. Whether your HOA is just starting out or has existed for years, it is important to act within the law and governing documents. When drafting HOA fine policies, an HOA board must keep homeowner rights in mind. ![]()
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