Legislators ‘distraught’ with their own HOAs

North Carolina lawmakers are advancing companion bills—HB 444 and SB 378—that aim to reform HOA practices by increasing transparency and homeowner protections. The proposed legislation would cap fines, restrict foreclosures, ban retroactive rule changes, require mediation before lawsuits, and mandate budget transparency. It also prohibits management companies from profiting off fine collections and directs the NC Department of Justice to track HOA complaints. While sponsors emphasize fairness and accountability, some legislators expressed deep frustration with their own HOAs, underscoring the push for stronger oversight and reform.

Source: CarolinaJournal