Image result for Marketable Record Title Act (MRTAIf your HOA is approaching 30 years old, your Board should talk with your Association Attorney about the Marketable Record Title Act (MRTA).  Your attorney can assess your documents and determine if action is required to preserve the authority of your Association.  It is likely that you may need to take some action so that the covenants for your community do not EXPIRE, which could result in your HOA no longer being able to collect dues or enforce rules for your community. If you live in a condo association, this should not be an issue.

Click here to read an article to learn more about the history and details related to this topic.

Thanks to Attorney Donna DiMaggio Berger of Becker for this information.