Home Owners Associations (HOA's)

TiltonBB · 08-19-2021, 05:54 AM

I understand it is exactly that, someone who wants to change the rules of the association they bought into. I know which association but will respectfully leave that out.

Anyone buying a property should obviously attempt to learn know as much as they can about it, prior to purchasing. However, making changes after the fact will pose a legal jeopardy.

If something changes, and I understand in this case it is the stipulations for boat slip allocation, you may end up taking a slip away from someone who has it under the current rules. That would diminish their value and be a cause for legal action by the person losing the slip.

You buy in with certain rights and obligations and changing them, even with a majority vote, can add to your problems.

08-19-2021, 05:54 AM	#4
TiltonBB Senior Member Join Date: Feb 2005 Location: Gilford, NH and Florida Posts: 3,064 Thanks: 726 Thanked 2,236 Times in 956 Posts	I understand it is exactly that, someone who wants to change the rules of the association they bought into. I know which association but will respectfully leave that out. Anyone buying a property should obviously attempt to learn know as much as they can about it, prior to purchasing. However, making changes after the fact will pose a legal jeopardy. If something changes, and I understand in this case it is the stipulations for boat slip allocation, you may end up taking a slip away from someone who has it under the current rules. That would diminish their value and be a cause for legal action by the person losing the slip. You buy in with certain rights and obligations and changing them, even with a majority vote, can add to your problems.