06/05/2026
🏘Why a Controversial Law Could Make Your HOA Fees Even More Expensive🏘
A bubbling legal battle over a federal anti-fraud law has sparked worries from homeowners association advocates that they could be newly buried in bureaucratic red tape—and face increased costs.
Originally designed to deter fraud and abuse in businesses entities, the Corporate Transparency Act imposes new reporting requirements on many business entities, including condo associations and HOAs. But many groups are now challenging the law's key requirement to disclose ownership of corporate entities.
Homeowners associations warn that new federal anti-fraud reporting rules will drive up HOA fees in a petition to the Supreme Court.