3 Things You Didn't Know About Your POA

Owners' associations are residential communities comprised of condominiums or individual homes. When you buy a condo or home that is part of an association, you will automatically become part of the association and, therefore, will be required to pay assessments and abide by specific rules and restrictions.

Being a part of an association comes with distinct benefits, such as access to community amenities like pools, playgrounds, fitness centers, etc. Unfortunately, associations sometimes have a bad reputation for restricting homeowners' freedoms. Since our Lake of the Ozarks law firm represents homeowners associations and condominium associations, we wanted to take this opportunity to shed some light on some of the lesser-understood aspect of owners' associations.

1. Managing An Association Is A Huge Responsibility

While some associations are relatively small and consist of only a handful of property owners, some associations are quite large. Large associations can be comprised of hundreds of property owners, each with their own opinions and desires. No matter the size of the association, managing the needs of all the different property owners can be challenging. In order to maintain an association that meets its residents' needs, the association will require that its residents and visitors abide by their covenants, conditions, and restrictions (CC&Rs).

2. Associations Require Assessments In Order To Survive

All associations require that property owners pay assessments (dues) monthly, quarterly, or annually. Because the cost of the assessments is determined by the cost required to maintain the association, the dues required will vary by association. The money from the assessments is used to cover association expenses. This may include:
  • Road/driveway maintenance
  • Snow removal
  • Maintaining community amenities, such as
    • Swimming pools
    • Tennis courts
    • Basketball courts
    • Playgrounds
    • Fitness rooms
  • Roof maintenance
  • Landscaping
  • Sidewalks
  • Trash removal

If property owners fail to pay their assessments in a timely manner, the association may not have the funds required to cover its necessary expenses. 

3. The Restrictions Exist For The Benefit Of The Members

People sometimes complain about their owners' associations, saying that they have too many rules and are too restrictive of property owners' freedoms. However, it is important to recognize that the by-laws and restrictions exist for the members' benefit, and are intended to create a cohesive community that is a desirable, attractive place to live. The reason associations require that property owners abide by their by-laws and restrictions and obtain special permits if they wish to alter their home's exterior is to ensure that the community retains its attractive, cohesive appearance.

O'Donnell Law Center Is Proud To Represent Associations

Homeowners' associations and condominium associations are popular throughout the Lake Area. Our general practice law firm in Osage Beach MO recognizes the important roles these associations play within our residential communities, and we are honored to help them as needed. If you would like to learn more about our legal services for owners' associations, call us at 573-552-0317 or visit our website. 

We Carry Your Burden ~ You Carry On With Life.

Disclaimer: No attorney-client relationship is created by the publication of this blog.

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Phone: (573) 552-0317

O'Donnell Law Center, LLC
1026 Palisades Blvd. Suite 3
Osage Beach, MO  65065


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