O'Donnell Law Center : Lake of the Ozarks

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 ...

Homeowners associations and condominium associations are common throughout the Lake of the Ozarks region and across the rest of the country. Associations, as the name suggests, are organizations of multiple property owners that work together to create a cohesive community in which their members reside. As with any official organization, associations sometimes face certain situations that may benefit from representation by a skilled attorney. We represent homeowner associations and condo associations at O'Donnell Law Center , and are here to assist these organizations when needed. Here are a few examples of the different types of situations we can help associations with. Property Owners Who Don't Pay Their Dues Property owners associations must maintain a tight budget in order to keep up with all of their required expenses. Depending on the scope of the its amenities and member benefits, examples of the types of costs associations may cover include: Snow remov...