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Most HOAs are incorporated, and are subject to state statutes that govern non-profit corporations and HOAs. State oversight of HOAs varies from state to state; some states, such as Florida and California, [4] [5] have a large body of HOA law. Other states, such as Massachusetts, [6] have limited HOA law.
California Proposition 14 was a November 1964 initiative ballot measure that amended the California state constitution to nullify the 1963 Rumford Fair Housing Act, thereby allowing property sellers, landlords and their agents to openly discriminate on ethnic grounds when selling or letting accommodations, as they had been permitted to before 1963.
The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.
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You're planning to purchase a new home, and while browsing online, you've noticed many of the listings you're interested in contain unfamiliar real estate terms. Specifically, you want to learn ...
Gov. Ron DeSantis on Friday quietly signed a controversial condominium bill into law that unit owners are already threatening to sue over if lawmakers don’t fix certain provisions next ...
Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, and to require a 2/3 majority for tax increases in the ...
For Millennium Towers, the HOA retains the right to increase fines for window violations to $10,000 per event, if the board were to vote for it per their bylaws.