Terminating an HOA Management Company

Question:

Can our housing community of 57 homes end an HOA Company that fails to show accountability and enforce its covenant rules?

– JR

 

Answer:

Hi JR,

It depends on the specific terms of the contract. Kindly review the termination clause to understand when an HOA can end its contract with a management company. Contracts typically end when the contract’s term expires. If the HOA wishes to cancel early, there may be fees involved. It’s also best to raise your concerns with the board as they are typically the ones with the authority to enter into or terminate contracts unless the governing documents say otherwise. For further guidance, kindly consult a lawyer.

 

Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.

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