2012 HOA Related Legislation

This is a list of House Bills and Senate Bills proposed and those adopted during the Jan 2012 - May 2012 session.  Only two were placed into law (title in red).  I'm surprised that some of these failed because they are exactly the kind of legislation needed to change the way board members and owners behave.  I hope to see a few of these bills get resurrected and passed into law in the very near future.

Atty.: Civil lawsuit likely in Martin shooting -Orlando Sentinel

This is a prime example why all associations should maintain more money in the reserve fund than the reserve study says is 100%.  For my community a $2,000.00 special assessment would come out to be only $348,000.00.   Wrongful death suits award millions of dollars to the survivors.  It would cost each owner in my community around $5,747.00 each to cover a 1 million dollars and $19,500.00 to pay a 3.4 million dollar suit like the one in Hawaii.  With most policies covering only 1 million leaving the owners to cover the balance, it would still cost 11k each. 

How much would you have to pay if your community had to cough up this kind of cash?  Everyone thinks it can never happen to them until it does. 

http://articles.orlandosentinel.com/2012-03-29/business/os-trayvon-martin-hoa-20120329_1_cyber-citizens-homeowner-crime-watch-members

http://www.orlandosentinel.com/videogallery/69134959/News/Atty-Civil-lawsuit-likely-in-Martin-shooting

Atty.: Civil lawsuit likely in Martin shooting -Orlando Sentinel

This is a prime example why all associations should maintain more money in the reserve fund than the reserve study says is 100%.  For my community a $2,000.00 special assessment would come out to be only $348,000.00.   Wrongful death suits award millions of dollars to the survivors.  It would cost each owner in my community around $5,747.00 each to cover a 1 million dollars and $19,500.00 to pay a 3.4 million dollar suit like the one in Hawaii.  With most policies covering only 1 million leaving the owners to cover the balance, it would still cost 11k each. 

How much would you have to pay if your community had to cough up this kind of cash?  Everyone thinks it can never happen to them until it does. 

http://articles.orlandosentinel.com/2012-03-29/business/os-trayvon-martin-hoa-20120329_1_cyber-citizens-homeowner-crime-watch-members

http://www.orlandosentinel.com/videogallery/69134959/News/Atty-Civil-lawsuit-likely-in-Martin-shooting

HOA Could Face Hefty Bill If Sued by Trayvon Martin's Family or Asked to Pay Shooter's Defense Costs - News - ABA Journal

I've been wondering when someone was going to address the role the HOA played.  It goes to show that anyone put into any position of authority like; a neighborhood watch committee chair, without any guidelines, policies, procedures, or limitations to follow will make decisions based on thier own beliefs. It also shows how people in authoritive roles are looking for fame or make a name for themselves in the community.   
This article in the ABA was written before Zimmerman was charged. 
HOA Could Face Hefty Bill If Sued by Trayvon Martin's Family or Asked to Pay Shooter's Defense Costs - News - ABA Journal

3 More Lawyers Are Charged in Las Vegas Homeowner Association Fraud Case - News - ABA Journal

More arrests with more to come.  Make me wonder if it isn't happening here in AZ.


3 More Lawyers Are Charged in Las Vegas Homeowner Association Fraud Case - News - ABA Journal

CAN HOA RULES CROSS THE LINE?

A law that took effect July 2011, allowing videotaping and tape recording open portions of monthly board meeting and meeting of the membership.  The law reads as follows;

Old George Zimmerman MySpace page surfaces - Yahoo! News

Zimmerman update.

Old George Zimmerman MySpace page surfaces - Yahoo! News

The Structure of a CID or HOA Board Could Be the Why Owners Do Not Get Involved

How your board is structured can either support more people to get involved or cause them to not want to get involved.