Test Your Knowledge of the New Utah HOA Laws (for a Prize!)

August 17, 2011

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.

1. Each board has to present the issue of reserve funding to the association members for discussion and a vote:
 every year.

 every two years.

 never because the board decides reserve funding issues.

 never because the law has reserve funding requirements.

2. A board is required to conduct or have conducted a reserve study every _____ years and review and if necessary update it every ______ year(s).
 3 … 1

 5 … 2

 7 … 3

 It depends on the outcome of a vote of the members.

3. Every HOA is now required by law to register both as an HOA and as a nonprofit corporation.

 True

 False

4. For claims on the association master insurance policy associated with a particular unit or lot, the association can require that unit owner to pay the deductible if:

 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.

5. Every HOA in the state has to update their HOA registration information with the Department of Commerce:

 annually.

 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.

6. A board can use reserves funds in an emergency for daily maintenance expenses:

 only once in a 2 year period.

 if authorized by the association governing documents.

 after receiving approval from a majority of the members.

 Never.

7. During any period that an HOA fails to be properly registered with the state, the HOA:

 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!

Curtis G. Kimble


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