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re: Question on HOAs and fines
Posted on 4/24/18 at 12:21 pm to Lsuhack1
Posted on 4/24/18 at 12:21 pm to Lsuhack1
quote:
I am about 99% sure it is illegal in Louisiana for a 3rd party HOA to collect any fees or kickbacks from fines or anything else. They sub everything out to independent 3rd parties and collect a small fee from each homeowner for maintaining the HOA, I don't think by law they can make anything but that fee.
You sir are correct.
Third party HOA admins such as Lewis Companies charge the HOA's a fee per house to manage the HOA.
All fines and dues collected by Lewis are deposited in a jointly owned (Lewis and HOA) bank account. Lewis is not allowed to outflow any money without permission from the HOA board.
0
Posted on 4/24/18 at 1:06 pm to jscrims
HOA’s are one notch above ISIS on the global shithead pyramid. Anyone who supports them is a traitor to this country.
Posted on 4/24/18 at 1:33 pm to Mingo Was His NameO
quote:
I understand the point of an HOA as I'm sure everyone else does. People don't want their hood turned into a glorified trailer park and I'm fine with that. The problem is, most don't exist in that capacity in practice. Having a trashcan on the side of your house, or not getting the can in on trash day because you had to work late, or painting your door blue is not going to affect property values, but these dickheads that run these HOAs don't like it personally so they start doling out fines.
Most HOA’s are not out to get the residents within the community the bylaws are written for. Most complaints addressed are from neighbors complaining to the HOA about infractions. HOA is most cases is middleman, not the accuser or the defendant. All HOA’s must be clearly defined before transfer of property, so anyone not wanting to live in an HOA neighborhood with covenants, codes, and restrictions can easily do so. Anyone living in a gated community with private roads and common areas needs to have a well funded responsible HOA.
Posted on 4/24/18 at 1:48 pm to terd ferguson
quote:
burn their houses down.
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