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Old 05-15-2007, 08:22 PM
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charlesa6 charlesa6 is offline
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Join Date: Oct 2004
Location: Illinois(chi-town)
Posts: 5,076
Quote:
Originally Posted by Notorial dissent
Which just goes to show why you really should read all the paperwork when you sign something. When you buy into a condominium with a Home Owner’s Association, you have bought into a pre-existing situation and contract that is not only legally binding, but can be pretty nasty in many cases. If it is in the Homeowner’s Agreement, they can pretty well determine everything you do, up to an including the color you paint your condo. They also have the power to set assessments for the group property, and if a majority of the owners have agreed then it is a done deal, like it or not. One of the joys of democracy in action. As I said, you will have to check the by-laws, and minutes, but they have the law on their side in this. And yes, you need to make sure they followed their own by-laws in actually doing it, but usually they do. Their power and authority will be in the Homeowner’s Declaration or whatever they call it in VA, and it will be pretty extensive, I’ve seen some of these that run to better than 100 pages and cover everything under the sun. Special assessments are the particularly nasty side of condominium ownership.



That so called BS can and will get you tossed out on your behind. Every association is different, but they all have the potential to be painful. Obviously you have been too busy to actually read the information for your association, or else it is so poorly run that the place is probably ready to fall down. Either way, not good.
Say ain't so.
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