Florida Home Owners Get Relief Under Court Order A Homeowners Association (HOA) is usually a non-profit organization created to operate and maintain a residential community. Most HOAs are governed by a member-elected Board of Directors, who must follow the HOA’s internal rules. These rules are typically outlined in the HOA’s governing documents, which can be in the form of bylaws, articles of incorporation, covenants, guidelines, and/or.
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Acceleration Notice Acceleration Triggers the Statute of Limitations Although in the vast majority of foreclosures acceleration is triggered automatically upon the filing of a foreclosure summons and complaint, the lender traditionally has the option of sending an acceleration notice prior to commencing legal action.