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.
The bylaws must conform to the New Jersey inium Act. It's important to note that the Department of Community Affairs does not regulate all aspects of condo life: Instead, the DCA enforces certain provisions of the inium Act, including open public meeting requirements and dispute resolution procedures.
Homeowners within the community elect a board of directors to oversee the association and enforce the community's CC&Rs (covenants, conditions, and restrictions).
The rules found in the Massachusetts inium Act include mandatory provisions that must be included in the bylaws, interests in common areas of the inium, and expenses incurred by the unit owners' association. The provisions also explain the fundamental attributes of a inium.
HOAs are critical for the preservation of property values, cultivating a feeling of community, and resolving common concerns. These private entities are regulated by Massachusetts HOA laws and are also obligated to follow the guidelines set out in their own governing documents.
The process to dissolve a inium association in Massachusetts generally includes a vote by unit owners in ance with the rules set out in the governing documents, followed by the legal dissolution procedures such as settling debts and distributing any remaining assets.
If your association does not have a procedure, you may file a complaint with the Association Regulation unit by filling in a 'Common Interest Community Association Complaint' form and send it, along with the appropriate supporting documentation, to the Association Regulation unit.