Republicans and libertarians delight in complaining about eminent domain. They think it some sort of tyranny when local governments force people to sell their property at current market value so the land can be cleared for some public use. But the same people just love HOAs and condo associations, which they think are bastions of freedom because people supposedly consented to the loss of their liberties. I've never found that argument convincing, but how about this, libertarians and Republicans? Here's the private equivalent of eminent domain, without the due process clause. This sort of thing has been happening all over the country, as failing condo associations get taken over by investors who buy up enough units (usually at foreclosure sales) to control the association, force the remaining owners to sell for a fraction of what they paid for the units (see below--one woman paid $217,500 for her unit and is being forced to sell for $46,500) and terminate the condominium entirely, turning it into an apartment building. We call that "de-conversion" because its the opposite of converting apartment buildings into condominium projects. Florida changed the law in 2007 to make it easier for investors to do this--they no longer need 100% consent to terminate the condominium, whiich was the standard rule for decades in most states. It's all perfectly legal.