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There are no laws governing the length of time an association should keep their records, and an association's bylaws rarely address this issue. Best practices, however, suggest the following: Board meeting minutes and committee reports to the board ? forever. Rules, policies, procedures & their amendments ? forever.
Initial sale of a condo or HOA property If you are buying a new construction condo or home in an HOA, the seller or developer is required to provide you the information from the association prior to settlement. The buyer has 10 days from the date they receive the disclosures to review.
If you have a complaint against your COC that pertains to records access, fair elections, or open meetings, please file it with the Consumer Protection Division at .marylandattorneygeneral.gov or call 410-528- 8662 (toll-free in Maryland: 1-888-743-0023).
Homeowners' Associations in Maryland must be set up as corporations, most choose to be nonprofit, and must, therefore, follow State Nonprofit Law. There is also the Homeowners Association Act that provides more specific regulations regarding the management of HOAs.
In other words, HOA rules cannot override state or federal laws, nor can they contradict the city or county ordinances that govern the area in which the HOA is located.
Most homeowners associations in Maryland are formed as a corporation. Thus, dissolving a homeowners association generally follows the same process as dissolving a corporation.