HOA Compliance by State

West Virginia community associations are governed by the Uniform Common Interest Ownership Act (WV Code §36B). Learn what reserve obligations apply to West Virginia volunteer boards.

Wyoming HOAs are governed by the Wyoming Condominium Ownership Act (WYO. STAT. §34-20-101). Reserve studies are not mandated by statute, but fiduciary duties still apply. Learn what Wyoming volunteer boards need to know.

California Civil Code imposes strict reserve fund and disclosure requirements on HOA boards. Separate accounts, triennial reserve studies, and annual budget disclosures are mandatory, not optional.

Colorado's Common Interest Ownership Act requires HOA boards to conduct reserve studies and fund reserves. Board members face potential liability for failing to meet these obligations.

Florida HOA and condominium statutes require separate reserve accounts and annual reserve schedules. Boards that waive reserves without a proper member vote expose themselves to liability.

Connecticut's Common Interest Ownership Act requires common-interest community associations to maintain reserve funds and conduct reserve studies. The requirement applies to most Connecticut HOAs and condo associations.

Hawaii's condominium statute requires reserve studies every five years and adequate reserve funding. Personal liability for board members is explicit in state law, making Hawaii one of the strictest reserve fund states.

Maryland's HOA Act requires annual budgets with reserve disclosures, while the Condo Act mandates annual reserve studies for condominium associations. Governing documents often impose additional obligations.

Massachusetts condominium law requires reserve funding under Chapter 183A. HOAs governed by their declarations face reserve obligations set by those documents, and liability concerns drive most boards toward formal reserve studies.

Nevada has some of the strictest HOA reserve fund laws in the country. NRS 116 requires associations to maintain reserves sufficient to repair and replace major components, backed by a required reserve study.

Oregon's Planned Community Act requires annual budgets for HOAs, while the Condominium Act mandates reserve funds for condo associations. Governing documents often impose reserve study requirements on both.

Utah's Community Association Act requires HOA boards to adopt annual budgets that include reserve funding. Associations above a certain size face reserve study requirements.