In my particular situation, dissolution of the HOA would have meant dissolution of the covenants.
My office building is located in a "professional park" that has an association with covenants. I am the VP and secretary of the association. SUPER LONG story short, the president and I decided early this year to do away with the association due to a non-paying tenant, who was almost $9,000 behind on association dues. We met with the lawyer, and yes, dissolving the association made the covenants null and void. Unfortunately we were not able to do so. Turns out it would have cost a total of $45,000 to separate everyone's water utility. The association didn't have the funds, and none of us wanted to pay out of pocket for spite.
Please let us know what you find out. I'd be surprised if you would have to follow covenants with a non-existent association.
My office building is located in a "professional park" that has an association with covenants. I am the VP and secretary of the association. SUPER LONG story short, the president and I decided early this year to do away with the association due to a non-paying tenant, who was almost $9,000 behind on association dues. We met with the lawyer, and yes, dissolving the association made the covenants null and void. Unfortunately we were not able to do so. Turns out it would have cost a total of $45,000 to separate everyone's water utility. The association didn't have the funds, and none of us wanted to pay out of pocket for spite.
Please let us know what you find out. I'd be surprised if you would have to follow covenants with a non-existent association.
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