Are you ready for a major financial crisis for your homeowners association? Well, Senate Bill 144 will make the Great Recession and the COVID-19 pandemic look like child’s play.
Barbara Holland
Barbara Holland is a certified property manager and holds the supervisory community manager certificate with the state of Nevada. She is an author and educator on real estate management. Questions may be sent to holland744o@gmail.com.
I expect changes concerning HOA pools to be announced on May 1. I think restrictions will be modified, allowing more use of the facilities by homeowners.
When the global pandemic hit last year, some communities pulled together to help each other. I decided to talk about their efforts in this column.
The association has the right to develop rules and regulations. Under Nevada Revised Statutes 116.332 (2), an association may adopt rules that reasonably restrict the manner in which trash containers are stored on the premises. Under subsection 2b, the association can require trash containers be stored in the rear or side yard of the unit, if such locations exist and in such manner that the containers are screened from view from the street, a sidewalk or any adjacent property. My advice you is to comply with the association to avoid being fined.
It would have been helpful if you were given a reason so that you would have an opportunity to submit a revised request that could be approved. From what you have sent to me, it appears that you need to include the gate in order for the ribbon driveway to be approved.
Q: I have enjoyed reading your column for several years along with the information that you get to share with the readers. I do have several questions that I am sure you will be able to share valuable information on.
Does Nevada Revised Statues No. 116 make any reference to a homeowner’s right to install any form of security/safety device on their lot or dwelling?
If you have not heard, we now have one more problem to add to our swimming pool and spas operations during the COVID-19 months, the shortage of chlorine tablets.
I have lived in (a group of) town homes group (with) 117 units in Henderson. (It) has a gate with a sign reading: “Association not responsible for damage by gate to vehicle.”
Many associations have specific regulations that the garage is to be use solely for residents’ vehicles. This is especially true where parking is limited in the common area
Yes, associations can be sued, which is why associations carry multiple kinds of insurance. In your case, the lawsuit should be forwarded to the insurance company who provides the directors and officers insurance policy.
When bids are requested, the law requires them to be sealed and opened at a board meeting at which time the amount of each bid is to be announced.
Sorry to hear that you have such a rude neighbor. The association’s only recourse is to fine the homeowner. Based upon the amount of the fines if they totaled over $500, the board may consider placing a lien on his property.
The law does require disclosure, unfortunately, it does not state that the candidate can be disqualified by the association, nor does the law state the association has the right to inform the membership of information that should have been disclosed by the candidate that would deem that candidate ineligible.
Generally speaking the management company would not be involved in any manner as to the construction of the proposed clubhouse, including the “sales presentation,” unless specifically directed by the declarant board of directors.