Townhomes HOAs
Association Management Group’s (AMG) first client was a Townhome Association in 1985. More than three decades later, this Association remains AMG’s client and has been joined by dozens of other Townhome Associations across the Carolinas. Townhome Associations face their own unique challenges. Generally, Townhome Associations involve attached homes that are individually deeded. Homeowners own the building and the ground, and the Association typically has a maintenance responsibility, which is contractual and inherently limited. Many Townhome Associations take care of the exteriors of buildings but often any structural issues are those of the owner. Some Townhome Associations also have responsibility for common areas and amenities such as a pool or tennis court.
Townhome Associations are typically governed in North Carolina under General Statute 47F and in South Carolina under the South Carolina Nonprofit Corporate Act. The Associations’ maintenance and insurance responsibilities are contractually derived from the community’s governing documents. One of AMG’s areas of specialty is helping Associations understand and determine their responsibility in these areas. AMG understands the subtle differences between Condominium and Townhome Association responsibilities, and we can help guide Boards properly on their obligations.
This understanding is crucial, as it can help lower Association costs while raising homeowner satisfaction. AMG’s guidance is typically done in coordination with the Association’s law firm, which usually has (and should have) significant expertise in interpreting governing documents. As appropriate, AMG helps clarify the responsibilities of Townhome Associations and helps enforce rules and regulations.
AMG is the Carolinas’ leader in property management services for Townhomes and HOAs.
AMG PROVIDES MANY PROPERTY MANAGEMENT SERVICES IN THE GREATER GREENSBORO AREA INCLUDING:
AMG’s townhome HOA services are available in Greensboro, Lake Norman, Union County, Winston-Salem, Raleigh Durham, Charlotte, Aiken, Columbia, and, Greenville. Condominium Management Services also available throughout the Carolinas.