There’s yet another lawsuit in North Carolina involving an HOA’s use of phony bookkeeping to jam fees down the throat of an elderly homeowner.
Alan Elam says his family is being bullied by their Homeowners Association (so what’s new?).
Charlotte House HOA and William Douglas Management say HOA dues are late after 30 days. But when Elam is more then 10 days late, he gets fined. When he pays his dues, the fine is charged against next month’s rent which makes him automatically late for the next payment. The fines and late payments have added up to more than $10,000.
Elam’s attorney calls it ‘accounting trickery.’ He’d be more accurate to call it “Standard Operating Procedure.”
The Elam family is destined to lose this lawsuit and forfeit their home. That’s also standard operating procedure.