Examples of HOA Act in a sentence
The powers and duties of an association include those set forth in the HOA Act and in the governing documents, except as expressly limited or restricted in the HOA Act.
Minutes of an Executive Session are not subject to record disclosure to Members, in accord with § 47-16-5(C)(5) of the HOA Act.
The 1st Party shall pay the taxes, duties fee, levies and other impositions levied under the Applicable law and the 2nd Party shall perform such duties in this regard to the deduction of such tax as may be lawfully imposed.
The 2007 Amendment brought the HOA Act within the specific enforcement authority of the Office of the Attorney General under the CPA.
The express language of the HOA Act authorizes the governing body of a HOA to take enforcement action to collect delinquent assessments and charges owed by the individual lot owners within the development.
The 2007 Amendment added a specific definition of “consumer” to the HOA Act, which defines consumer as “an actual or prospective purchaser, lessee, assignee, or recipient of a lot in a development.” RP § 11B-115(a).
The provisions of the HOA Act extend far beyond the initial purchase of a lot or the resale of a lot within a development.
Inversely, the Majority cites but does not rely on the “2007 Amendment,” RP § 11B-115, the lone instance where the HOA Act cross references the CPA.
The HOA Act defines the “declaration” as: “an instrument, however denominated, recorded among the land records of the county in which the property of the declarant is located, that creates the authority for a homeowners association to impose on lots or on the owners or occupants of lots, .
In other words, where an HOA Act violation affects a “consumer” as defined in the HOA Act, the Division of Consumer Protection has enforcement powers under CL § 13-401 et seq.