Home Owners Associations (HOA's)

Swimwithamission · 08-18-2021, 08:14 AM

There are many Home Owners Associations (HOA’s) that exist in New Hampshire, with many located in the Lakes Region. Quite a few of these HOA’s were formed in the 60s & 70's using rules and guidelines of New Hampshire RSA 292 – Non Profit Corporations. These rules never took “common property” such as docks and other amenities into consideration, therefore they did not contain protections for “equal access”. These rules are also weak in the areas of fiduciary responsibilities, transparency, and access to HOA financial records by its members. This allows HOA Boards of Directors to abuse their positions with little recourse from their members. This can result in having to litigate simple requests like access to financial records or equal access to “Common Property”.

Condominium Associations are afforded these protections under existing Condominium Law. It is time HOA Members got the same protections.

Are you a member of an HOA in New Hampshire that has issues in the areas of:

• Equal and fair access to common property such as docks?
• Lack of transparency in spending and bidding of work?
• Lack of access to HOA financial records and expenses?
• Board of Directors changing covenants without member input or voting?

Please provide your association name and a contact (Direct Message) if you would like to be included, updated or contribute to ongoing work to have the New Hampshire legislature create HOA specific laws.

Thanks!

08-18-2021, 08:14 AM	#1
Swimwithamission Junior Member Join Date: Aug 2021 Posts: 4 Thanks: 1 Thanked 0 Times in 0 Posts	Home Owners Associations (HOA's) There are many Home Owners Associations (HOA’s) that exist in New Hampshire, with many located in the Lakes Region. Quite a few of these HOA’s were formed in the 60s & 70's using rules and guidelines of New Hampshire RSA 292 – Non Profit Corporations. These rules never took “common property” such as docks and other amenities into consideration, therefore they did not contain protections for “equal access”. These rules are also weak in the areas of fiduciary responsibilities, transparency, and access to HOA financial records by its members. This allows HOA Boards of Directors to abuse their positions with little recourse from their members. This can result in having to litigate simple requests like access to financial records or equal access to “Common Property”. Condominium Associations are afforded these protections under existing Condominium Law. It is time HOA Members got the same protections. Are you a member of an HOA in New Hampshire that has issues in the areas of: • Equal and fair access to common property such as docks? • Lack of transparency in spending and bidding of work? • Lack of access to HOA financial records and expenses? • Board of Directors changing covenants without member input or voting? Please provide your association name and a contact (Direct Message) if you would like to be included, updated or contribute to ongoing work to have the New Hampshire legislature create HOA specific laws. Thanks!