From a title/underwriter aspect, if the HOA no longer exists, the "dead" HOA would be listed as an exception to coverage no matter what.

An HOA is a CORPORATION with rules, regs, by-laws, etc that must be filed with the state.

I guess my question would be - Why did the HOA dissolve in the first place???

In Colorado, once an HOA goes extinct, it cannot simply try to re-create itself.  I believe that is the same in most states

First, you have to have a very high percentage of property owners in the defunct subdivision agree to create a NEW Homeowner's Association, IN WRITING.  You can't regurgitate the old one.  It died.  Extinct.

Then you have to go to the County/Town and APPLY to become a valid Homeowner's Association.  Obtain the proper government filings, etc etc.

Then you have to notify all the property owners, have a meeting, elect officers, including a treasurer, open HOA Trust bank acct, etc.

"you" meaning whoever is trying to do this, cannot simply re-start an HOA.  

I live in a subdivision where the HOA went extinct.   So, I know first hand. 

And, doubtful homeowners want the added expense for ----- basically the same regs reqiured by your County/Town laws anyway.

 

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