Evan McKenzie on the rise of private urban governance and the law of homeowner and condominium associations. Visit evanmckenzie.wikispaces.com for my published articles and services.
The "board" member started off with the incorrect premise that their actions were i) somehow going to alter property values in a positive way, and ii) that such a premise was all that was needed to justify any action. The ultimate threat is that of foreclosure. That's right, the HOA board will threaten to kick you out of the house that you own lest you do whatever they demand that you do and pay whatever they demand that you pay. These homes are not owned by the HOA and there is no legal theory short of feudalism to support the idea of perpetual forward looking liens requiring regular tithes to the HOA corporation and which can never be paid off.
Post a Comment