HOA Purchase

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  • #373648
    louisjco
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    Can an HOA in Maryland purchase a lot in the community and create additional parking? Do the unit owners have a vote? If so, what percent is needed to pass?

    #373716
    profdan_h
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    Hi louisjco,

    I’m not very familiar with Maryland laws, but it usually comes down to the HOA’s governing documents. If your governing documents give the HOA the power to do that, then it is permissible. As for whether or not the unit owners should have a vote (and what percentage is needed to pass), that also comes down to the documents.

    Hope this helps.

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