Which of the following is NOT typically a power of a homeowners association?

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Multiple Choice

Which of the following is NOT typically a power of a homeowners association?

HOAs are private bodies formed to manage shared spaces and enforce the rules within a community. Their powers center on things like taking care of common areas, enforcing covenants and restrictions, collecting dues, and maintaining standards for the neighborhood. They also oversee architectural reviews to decide whether proposed changes fit the community’s look and rules, and they can set and collect fines for rule violations within the framework of their governing documents and applicable law. What they do not do is levy city property taxes. Property taxes are a function of local government and are used to fund public services; an HOA cannot tax residents on behalf of the city. The HOA’s financial vehicle is dues and assessments, not taxes.

HOAs are private bodies formed to manage shared spaces and enforce the rules within a community. Their powers center on things like taking care of common areas, enforcing covenants and restrictions, collecting dues, and maintaining standards for the neighborhood. They also oversee architectural reviews to decide whether proposed changes fit the community’s look and rules, and they can set and collect fines for rule violations within the framework of their governing documents and applicable law. What they do not do is levy city property taxes. Property taxes are a function of local government and are used to fund public services; an HOA cannot tax residents on behalf of the city. The HOA’s financial vehicle is dues and assessments, not taxes.

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