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Real Estate News

HOAs can fine homeowners but can’t force them to follow rules

Unfortunately, associations have limited sanctions. Fining a homeowner does not necessarily mean that the homeowner will comply. Many associations have a policy when a homeowner accumulates a certain amount of fines, they are sent to collections for a lien to be placed on their home. Since March, associations have been placed on a holding pattern as to fining homeowners and or sending them to collections to have a lien placed on the homes for non-payment of fines.

Local home prices in record territory despite pandemic

A report released Thursday by Las Vegas Realtors shows local home prices setting another all-time record despite the coronavirus pandemic and economic downturn, with more homes selling in July than the same time last year.

HOA board helps residents during COVID-19 crisis

A number of years ago, I asked one of the hosts of a local TV show’s “HOA Wall of Shame” why the program does not feature, on a monthly basis, an association that is “doing it right.” Her response was that we expect associations to do it right. Unfortunately, the continuing negativity on this show presents a picture of association management that so often is not a realistic one. As we all know, there are two sides to any story. At times, because of the privacy issues in Nevada Revised Statute 116, an association cannot fully present its side on a television broadcast.

HOA needs help dealing with problem tenant

The association cannot evict the tenant. A formal complaint with the attorney general is warranted especially if he threaten to shoot one of your board members. With the numerous notices of non-compliance and with the recent threat, you should contact your association’s legal counsel to send a letter informing the homeowner that he needs to evict the tenant. The attorney also can add a health, safety or welfare letter pertaining to the threat as it is a violation under NRS 116.31184.

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HOAs need a good reason to tow residents’ vehicles

The last governor’s directive that I have receive stated that residential communities could tow vehicles under Nevada Revised Statutes 706.4477 only if the vehicle is blocking a fire hydrant, a fire lane, a handicap designated parking space (if driver did not have proper handicap tag displayed in the vehicle), posing an imminent threat of causing a substantial adverse effect on the health, safety or welfare of the resident and if the vehicle is clearly marked for a specific resident or the use of a specific unit in the community in accordance with NRS 706.4477 (2b)(4).

Homeowners in HOA communities can fly U.S. Flag

NRS 116.320 addresses the rights of the unit owners as to the display of the flag of the United States or the state of Nevada. An association shall not and the governing documents must not prohibit a unit’s owner from engaging in the display of the flag of the United States or of the state of Nevada within such physical portion of the community that an owner has a right to occupy and use exclusively, such as your patios, front and backyards.

HOAs deal with teens looking for summer jobs

Brings back memories of my childhood where we offered to shovel snow off the driveway or rake up the leaves back in Massachusetts. My granddaughter was selling her paintings in my association community. I don’t know if I have a rabbit to pull out of my hat to satisfy everybody. The board can address this issue by e-blasting or placing on their website that the young people who are seeking work need to use social media, such as nextdoor.com , and not go door to door.

Your dream home is still within reach

The National Association of Realtors (NAR) reported that many prospective homebuyers are looking for properties with home offices, yard space and plenty of room to accommodate the whole family. Prospective homebuyers are also shifting neighborhood preferences from urban to suburban areas, and over 77 percent of those who plan to sell believe they will do so following the end of stay-at-home orders, which means aspiring homeowners should prepare now.

Homeowner wants HOA to have tougher rules on trash cans

Unless the your board decides to impose additional restrictions per NRS 116.332, its regulations will follow the North Las Vegas municipal code 8.20.120 and homeowners will not be cited as long as trash cans are not in the front yard.

Your dream home is still within reach

The National Association of Realtors (NAR) reported that many prospective homebuyers are looking for properties with home offices, yard space and plenty of room to accommodate the whole family. Prospective homebuyers are also shifting neighborhood preferences from urban to suburban areas, and over 77 percent of those who plan to sell believe they will do so following the end of stay-at-home orders, which means aspiring homeowners should prepare now.

Americana Holdings to provide health insurance for Realtors

Berkshire Hathaway HomeServices’ largest independently owned franchise is now offering group health insurance plans for its self-employed real estate sales executives in Nevada, California and Arizona. Americana Holdings is one of the first major real estate firms to offer group health insurance, which is available to all of its 3,500 Realtors.

Termination of HOA is complicated

The termination of a homeowner association is complicated. Sections pertaining to termination include Nevada Revised Statute 116.2118, NRS 116.21183 and NRS 116.21185. First, an association may be terminated only by agreements of the units owners to whom at least 80 percent of the votes are allocated or any larger percentage the declaration (CCRs) specifies. There may also be other approval requirements found within the declaration.

Home prices stand firm during crisis

A recent report by Las Vegas Realtors shows local home prices holding their ground amid the coronavirus pandemic and economic downturn, though fewer homes are selling.

HOA boards have rules for reopening pools, gyms

I think it is very important for homeowners to know what the requirements are for homeowners association boards to open up their swimming pools and facilities. The article below written by Las Vegas attorney John Leach provides the details and restrictions that have been placed upon association boards that are causing delays in allowing homeowners to use their facilities:

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