Can a homeowners association "start over", or wipe the slate clean. We live in a community of 20 houses with an established homeowners association, but only one or two people have paid thier fees up to date, others are refusing because there is no records or payments for the last couple of years or expenses from the previous co-comitee.
Is it possible to just wipe all the arrears and start over?
if this was put to a vote, there is only 2 of the 20 houses tha would have a vote.
thanks for the input.