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Owners interested in dissolving an association are best advised to hire common interest community-savvy counsel to aid in this task.

Common area assets that are owned in common -- maintained, secured and protected by the association -- must be part of the dissolution, including monies set aside from assessments for these purposes.

You can compile a full list of these assets owned in common by reviewing the land-use documents -- CC&Rs -- filed in the local land use office that covers all the affected addresses.

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9y ago
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1y ago

A petition to dissolve a homeowners association should include the following information:

  1. A clear and concise statement explaining the purpose of the petition, which is to dissolve the homeowners association.
  2. The name and address of the homeowners association being addressed.
  3. A list of reasons or justifications for dissolving the homeowners association, such as lack of effectiveness, financial burdens, or loss of trust among members.
  4. A signature section for homeowners or residents who support the petition, including their printed name, address, and signature. It is also important to include the date of signing.

Ensure that the petition is professionally presented and copies are available to be signed by the concerned homeowners or residents.

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