How to Cultivate Apathy in a Community Association
guest blog by Deborah Goonan
A How-To Guide for HOA, Condo, and Co-op Board Members
1) Start off right – provide as little information as possible prior to closing the sale with a new buyer. Take full advantage of weak state disclosure laws. Delay providing a copy of governing documents and minimally-required financial documents as long as possible. Be sure to charge hefty “management” fees for this “service” to the buyer. Work with state Legislature to minimize disclosure requirements, and the time allotted for a buyer to review information and cancel a sale prior to closing.
