Homeowner's Associations

Missy Limkemann · Post by **Missy Limkemann** » Sat Aug 02, 2008 11:00 am

I am asking the experts on this type of law if it can be done and what would happen. However, an HOA is a business, and will have to file all paperwork as such. Get an EIN number, file tax returns, register with the Secretary of State of Ohio for non-profit status. Board members are not paid, You must file your governing documents with the state, bylaws etc etc. Have a collection and enforcement policy in place for association fees. You have to file tax returns every year for the association as it is a business.
These are just some of the things I remember from working in this field. i will get more info once I hear back from the experts.

Ryan Salo · Post by **Ryan Salo** » Sat Aug 02, 2008 11:06 am

I believe there are already a couple parts in lakewood that have a HOA.

I am not sure, but I believe Maple Cliff Dr has one and possibly a couple other small streets that end at the lake.

Does anyone know more details about those?

Tim Carroll · Post by **Tim Carroll** » Mon Aug 11, 2008 10:49 am

Maple Cliff is a HOA and has been for 100 years. We have 22 homes on the street. We are pretty tolerant of what the residents can do. In fact in 1999 Owens Corning came in and redid 2 homes on the street for marketing purposes and as I understand the Board was not even consulted.
As traditional HOAs go, we do pay annual dues that cover costs grounds maintanance and even street repairs.

Missy Limkemann · Post by **Missy Limkemann** » Mon Aug 11, 2008 12:55 pm

From the attorney that does HOA/Condo law...

If someone wants to set up an HOA for existing homes, can be done with each home owner who is willing to voluntarily subject their property to property restrictions. Could never be mandatory for existing homes. What exactly to do and how to do it all depends on the proposed purpose of the HOA. So many variables â€“ one size definitely does not fit all.