The formal termination of a homeowners association involves a specific legal process that varies by jurisdiction. This process generally requires a significant percentage of homeowners to agree to dissolve the association, followed by adherence to applicable state statutes and the association’s governing documents.
Successfully completing this process can afford individual homeowners greater autonomy over their properties and eliminate mandatory association fees and regulations. Historically, the dissolution of such organizations has been sought by residents desiring increased control or when the association becomes ineffective in fulfilling its intended purpose of property maintenance and community governance.
