FAQ
What is a Homeowners Association?
A Homeowners Association (HOA) is an organization created by a real estate developer for maintaining the appearance of the community by managing common-areas. In addition, a Board of elected members oversees the finances and enforces the bylaws of the Association. The bylaws for Hilliard Green state that if you own a home in the subdivision, then you are automatically a member of the Homeowners Association.
Is the Homeowners Association a business?
The Homeowners Association is a registered non-profit corporation in the State of Ohio.
What can I expect from the Homeowners Association?
-Budget management as well as preparation of a Profit & Loss Statement (per email request)
-Decisions made in the best interest of the community
-Address community issues
-Create neighborhood unity
-Maintain entrances to the neighborhood (landscape contract and upkeep)
-Maintain proper insurance for the neighborhood
What purpose does the Board serve to the Association?
-Enforce the policies and regulations set forth by the Association’s bylaws
-Act as Trustees by approving the operating budget and all expenditures made by the Association
-Enforces architectural codes as specified by the Association’s charter and bylaws
-Maintains the common areas (Frontage property and entrances along Roberts and Walcutt Roads)
-Conducts meetings
Are minutes taken at each meeting?
Minutes are taken for each meeting, as they are a legal and permanent record of the meeting. At each meeting, we will discuss how the Board has allocated the Association’s funds.
Who maintains the common areas?
The frontage property and entrances along Walcutt and Roberts Rds. is the responsibility of the Homeowners Association. Each spring, the Association writes a Scope to solicit bids from landscaping contractors. The Board will review the bids and award the contract based on cost, qualifications, and contractor eligibility.