CA Asking for Public Comment on HOA Legislation
The proposed change has caused critics to raise transparency issues.
Columbia Association wants to hear from the public on legislation that would reclassify its designation from a homeowner's association to a "nonprofit community service corporation." CA has described the change as a way to save money that it spends reviewing potential amendments to the Maryland Homeowners' Association Act. Critics claim the move may make CA less transparent. In a blog post about the change, CA spokesperson David Greisman wrote CA is much larger than most homeowners' associations (HOAs), and as a result, amendments for small HOAs have a larger effect on CA. For example, wrote Greisman, one potential amendment would have required CA to provide printed budgets to all 37,000 homeowners in the HOA, which would have cost the …
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Andrew Metcalf
3:54 pm on Tuesday, September 11, 2012
Thanks David. more ›