Federal laws - In addition to state law regulations, the federal government has laws that govern the operation of homeowners' associations, iniums, and other residential properties in the state of Massachusetts.
Legal Framework Governing HOAs in Massachusetts In Massachusetts, homeowners' associations (HOAs) are subject to a robust legal framework. This framework not only aligns with federal regulations but also includes state-specific laws designed to regulate the formation, management, and operation of these associations.
This section provides that all unit owners own an undivided interest in the common areas. The inium form of ownership combines title in specific units with an undivided interest—with other owners—in the common areas.
In Massachusetts, homeowners' associations, also called HOAs, are not governed by a particular law in the way that inium associations are. Generally, iniums are preferred by developers when trying to create housing arrangements with shared common spaces among different unit dwellers.
Massachusetts Recorded Document Search - Visit your county recorder's office to find HOA documents, like CC&Rs, Amendments, Bylaws, HOA Notices, Subdivision Maps, Plats, Recorded Land Surveys, Deeds, Deeds of Trust, Liens, and Judgments. Search under the subdivision or community name.
Dissolving an HOA is a complex process that typically requires: A supermajority vote from homeowners. Legal documentation to formally disband the HOA. Settlement of any outstanding debts or obligations. Approval from local or state authorities, depending on the community's location.
Condo and HOA fees cannot be deducted when the property is your primary residence. While there are some differences between HOA and condo fees, not regarding taxes on a primary home. They are not deductible for either. However, tax laws are different when it's a rental property.