— Every association of homeowners shall be required to register with the HLURB. This registration shall serve to grant juridical personality to all such associations that have not previously acquired the same by operation of the General Corporation Law or by any other general law.
In Utah, two key laws govern homeowners associations ("HOAs") and inium owners associations ("COAs"). The inium Act, Utah Code § 57-8, applies to COAs, and deals with individually owned units supported by collectively held facilities and areas, such as iniums or townhomes.
The law says: An association shall, upon payment of the prescribed fees, submit to the proper Regional Office of HLURB its Articles of Association, duly notarized and signed on each and every page by all the incorporators consisting of not less than five (5) nor more than fifteen (15) natural persons.
To form an HOA in Utah, one must adhere to state-specific statutes, primarily the Utah inium Ownership Act and the Utah Community Association Act. The formation process begins with recording a declaration in the county where the property is located.
Utah law does not require any particular amount of reserves for associations.
— Every association of homeowners shall be required to register with the HLURB. This registration shall serve to grant juridical personality to all such associations that have not previously acquired the same by operation of the General Corporation Law or by any other general law.
Utah law does not require any particular amount of reserves for associations.