Idaho Bylaws of Condominium

State:
Multi-State
Control #:
US-AR-B1039
Format:
Word; 
Rich Text
Instant download

Description

The following By-Laws have been adopted to govern the affairs of the project described in the master deed of the owners. The form also contains defintions of the words and terms used in the document.
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FAQ

HOA Documents - The association's Declaration of Covenants, Conditions, and Restrictions (CC&Rs), Amendments to CC&Rs, Bylaws, Lien Notices, HOA Notices, Plats, Maps, and other community documents can be found by visiting the county recorder's office website in which the association is located.

Liens and foreclosures If a homeowner fails to pay assessment fees after collection attempts, Idaho law allows the association to place a lien on the home. The HOA may also obtain a court judgment allowing it to sell the home to satisfy the lien even if the house has a current mortgage.

Here are six ways to effectively fight with your homeowners, co-op or condo association:Know the rules. You should have read all the government documents, including the rules and regulations, before you closed on your purchase.Respond in writing.Don't argue the rule.Know the penalties.

If the CC&Rs do not state any time or method of expiration, then State law may provide a maximum length of time CC&Rs can last. If there is no such State law, then the CC&Rs likely cannot legally expire unless owners vote to terminate them.

Under Idaho Code Section 55-115, homeowners' associations are prohibited from adding, amending, or enforcing a restrictive covenant that restricts the rental of any property within the association for any amount of time, unless expressly agreed to in writing by the owner of the property.

HOAs in Idaho cannot impose fines unless it is explicitly stated in the Community Covenants, Conditions, and Restrictions (CC&Rs). All fines must be voted on by the board of directors.

To sum up, the rights of a condominium unit owner are the following: Right of absolute ownership over his unit. Right of exclusive easement of the space of his unit. Right to repair, paint, decorate the interior of his unit.

Court filings are part of the public record. If the credit bureaus find out about an HOA foreclosure from the public record, which they usually do, the bureaus will add this information to your credit report.

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Idaho Bylaws of Condominium