Question:
How to dissolve an HOA in Maryland
– Christine
Answer:
Hi Christine,
Most homeowners associations in Maryland are formed as a corporation. Thus, dissolving a homeowners association generally follows the same process as dissolving a corporation. Keep in mind that a majority of members will need to consent to the dissolution and you will have to honor all third-party rights and agreements. You should also look into whether or not homeowners will need new deeds. It is best to ask the help of a lawyer to guide you through the entire process.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.