Busines Economy Real Estate

Members of HOAs (Homeowner Associations) and directors of HOA boards in California all need to keep in mind that rules and regulations affecting property use, additions, and alterations are subject to a statute of limitations. That is, if the rules aren’t enforced against a violation within a stipulated time, the Association may lose its ability to enforce them. Conversely, just because an HOA does not promptly act to enforce its rules against a violation, it still may do so later as long as it acts within the prescribed time limits.

Opublikowano na Turkey Real Estate