What is the name of your state (only U.S. law)? I live in CT. I am the president of a small HOA (9 properties) which has the responsibility of a detention pond. The detention pond is on a common area and takes stormwater runnoff impeding it's flow to allow sediment and salts to settle out before running off into the forest. The development is 5 years old and all property owners were made aware of the HOA prior to buying into the neighborhood. There are a couple of homeowners who are pushing to ignore our maintenance and liabilty responsibilities by eliminating the HOA. The HOA is on the town records and would be found during a title search should someone sell. I have been unable to convince the homeowners that the small assessment ( approx. $200 annually) is small in comparison to the potential costs should we ignore our liability and a problem occur. Obviously with our small annual budget seeking legal advice is not an option. Can you advise me on the consequences of eliminating the HOA.