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The Indiana Homeowners Association Act oversees the creation, management, authority, and operation of homeowners associations created after June 30, 2009. These associations have the power to impose compulsory dues on the members of the community.
A summary of Indiana state statutes and regulations on the powers, formation and management of homeowner associations (HOAs).
Indiana Homeowners Association Act, Code § 32-25.5. The Act governs the formation, management, powers, and operation of a homeowners association established after June 30, 2009, that is authorized to impose mandatory dues on the homeowners association's members.
Homeowners Associations (HOAs) in Indianapolis are guided by the Declaration of Covenants, Conditions, and Restrictions (CC&Rs). These covenants set the rules for property use and maintenance, ensuring uniformity and protecting property values.
Here are some of the HOA laws in place that govern homeowners associations in Indiana: Indiana Homeowners Association Act. This act, which can be found in Code 32-25.5 of the Indiana Code, regulates the creation, administration, authority, and function of HOAs formed after the 30th of June 2009.
Indiana's HOA laws outline specific enforcement protocols and grievance resolution procedures to ensure fair and consistent management within homeowners associations. These regulations empower the HOA board to address infractions and provide a structured approach for homeowners to resolve disputes.
There are six provisions of the HOA Act that are mandatory to all associations, regardless of formation date. These provisions are discussed below. Rights to Inspect Association Documents: The HOA Act provides that owners have a right to inspect certain association records.
In Indiana, the main laws regarding HOAs and COAs are found in Indiana Code articles 32-25.5 and 32-25 respectively. The law governing HOAs is also known as the Indiana Homeowners Association Act, which oversees the formulation, management, and operation of HOAs.
Homeowners associations in Indiana are subject to a trio of key legislation that governs their establishment, management, and operation: the Indiana Homeowners Association Act, the Indiana Condominium Act, and the Indiana Non-profit Corporation Act.
HOAs are formal legal entities that are “created to maintain common areas and enforce private deed restrictions.” Most HOAs impose mandatory fees that pay for care for public spaces, as well as rules on what can be done with the exterior of homes.