2011 was a significant year for HOAs in Utah and the laws that govern them. Many new laws and changes were enacted. How does your knowledge of these changes stack up? Take this short quiz and find out! (Note that the quiz is best taken and submitted on our blog itself, for those that receive this post by email).
A $25 Amazon gift card will be awarded to the person scoring the highest and submitting it the quickest after this post is published. In a few days, I’ll post the answers, as well as the names of those that scored the highest so they can brag about their expertise to other board members, homeowners, or clients. To submit your answers, fill in your name, email and association or management company and hit submit below.
every two years.
never because the board decides reserve funding issues.
never because the law has reserve funding requirements.
5 … 2
7 … 3
It depends on the outcome of a vote of the members.
the association has set aside an amount equal to the deductible.
it is authorized by a governing document of the association.
the owner is at fault (caused the incident or was negligent).
all owners had been notified of the deductible responsibility.
within 30 days of a change in the information.
within 90 days of a change in the information.
never because only an initial one-time registration is required.
only once in a 2 year period.
if authorized by the association governing documents.
after receiving approval from a majority of the members.
cannot file a lien against any unit or lot.
cannot enforce a previous lien against a unit or lot.
can seek a judgment against an owner for past due amounts.
all of the above.
Update: The quiz is closed, but check out the answers to the quiz by clicking here. Thanks for playing!
[…] quiz. But, a few experts emerged from the results (if you haven’t taken the quiz yet, go here (link), and take the quiz and then come back and review the answers […]
can an HOA levy an $800,000 assessment with the voting majority even if that doesn’t include all 80 units. If only 40 units vote and 21 vote yes can they still win the vote.
That depends completely on the governing documents of the particular association (the CC&Rs and bylaws). They will spell out how a special assessment may be levied. It is certainly not uncommon in associations that a majority of those voting at a meeting can approve a special assessment, however.
A great idea to have the quiz. I’ve attended Richards, Kimball and Winn workshops for the past 6 years. With the information they give at workshops over the years, I did get them all right.
Attending their workshops made our board a far better managed and effective board. I am sold on educating our lay board members! Carolyn Lloyd (Henrie), St. George
Wow, amazing blog! How long have you been blogging for?
You made running a blog look easy. The whole look of your website is wonderful, let alone the content