Mike Schneider

Homeowner associations are so confounding, confusing and complicated they can be difficult to understand. Proponents of HOAs will have us believe associations are “democracy up close and personal”, that they offer homeowners greater control over their immediate surroundings, that unlike local municipal governments who are more removed, members of an HOA actually have a say in how they live in their neighborhood. Sounds so pleasant, doesn’t it?

Well, homeowner associations are, and can be, very contradictory. What the sales pitch above does not tell you about life in this Pleasant Paradise is that far from being democracy up close and personal, homeowners really have no say in how the association is run, how their money is spent or anything else. The board might have a say or a voice and the only recourse the homeowners have to a bad board is to “vote the bums out”. The other bit of nonsense is that to ensure things are run well it is important to hire licensed professionals to manage you, the owners and your assets.

And of course, the greatest canard of all is that HOAs protect property values.

Joining us On The Commons this week is Nevada State Senator Mike Schneider. Mike has worked with homeowners over the years, has introduced legislation to provide more balance between the actual homeowners and their associations and has, over the years, been available to join us. He has watched as the FBI raided dozens of Las Vegas businesses, confiscating mountains of documents, boxes of paperwork and van loads of records. The investigation is ongoing. Four of the key players in this drama are dead, several attorneys, managers, contractors and other licensed professionals have entered plea agreements with the state. Now that the trial appears to be imminent there is another twist to this multi year drama, defense attorneys are being asked to sign confidentiality statements promising not to make evidence available. We’ll talk to Mike about the hijacked elections, the fraud and the BILLIONS of dollars siphoned out of Las Vegas HOAs by friendly licensed professionals. One answer that will not be forthcoming is just how all this has protected property values.

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