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Federal HOA Laws - In addition to state law regulations, the federal government has laws that govern homeowners' associations, condominiums, and other residential properties in Pennsylvania. Pennsylvania Uniform Condominium Act (UCA), Pa.
Florida Department of Business & Professional Regulation Division of Florida Condominiums, Timeshares, and Mobile Homes Laws. The Division of Florida Condominiums, Timeshares, and Mobile Homes (division) has authority to enforce the following laws: Chapter 718, Florida Statutes The Condominium Act.
If desired, unit owners can terminate the common interest community with an 80% vote at an annual or special meeting. Any surplus funds at the end of the fiscal year must be returned to homeowners in the form of credits on the next assessment.
The Department of Community Affairs is charged with enforcing the law. Recommended Reading: New Jersey Administrative Code - Planned Real Estate Development Full Disclosure Act Regulations - N.J.A.C.
Federal, state, and local laws take precedence over HOA rules, and HOA rules should not contradict or violate these laws.
Pennsylvania Uniform Condominium Act §§ 3101 to. 3414) was adopted in 1980 to govern the formation and operation of condominiums. Prior to the UCA, condominiums in Pennsylvania were governed by the since-repealed Unit Property Act. By definition, a condominium is a form of real estate ownership.
Unit owners ultimately pay for maintenance in common areas through their HOA dues and periodic assessments for major projects outside of the annual budget. Monies collected via dues are put into a reserve account fund that the association uses for the maintenance of the common areas.
Pennsylvania Uniform Condominium Act C.S. §§ 3101 to. 3414) was adopted in 1980 to govern the formation and operation of condominiums. Prior to the UCA, condominiums in Pennsylvania were governed by the since-repealed Unit Property Act. By definition, a condominium is a form of real estate ownership.