Outright Bald-Faced Theft From Florida HOAs!

An astonishing blog was just published by our friend in Florida, Jan Bergemann. He points out that the trust fund, which was created to help members of Homeowners and Condo Associations, is being looted annually by the Florida State Legislature.

This money was not meant to be transferred to the Legislature’s general fund. It’s paid by HOA members and should be held in trust for HOA members.

It’s just another in a thousand ways that HOA members are getting ripped off. How many other states are seeing such theft?

(link to Jan Bergemann’s story on plundering of the HOA Trust Fund)

 

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About

Ward Lucas is a longtime investigative journalist and television news anchor. He has won more than 70 national and regional awards for Excellence in Journalism, Creative Writing and community involvement. His new book, "Neighbors At War: the Creepy Case Against Your Homeowners Association," is now available for purchase. In it, he discusses the American homeowners association movement, from its racist origins, to its transformation into a lucrative money machine for the nation's legal industry. From scams to outright violence to foreclosures and neighborhood collapses across the country, the reader will find this book enormously compelling and a necessary read for every homeowner. Knowledge is self-defense. No homeowner contemplating life in an HOA should neglect reading this book. No HOA board officer should overlook this examination of the pitfalls in HOA management. And no lawyer representing either side in an HOA dispute should gloss over what homeowners are saying or believing about the lawsuit industry.

1 thought on “Outright Bald-Faced Theft From Florida HOAs!

  1. robert

    It is obvious that state legislatures — not just in Florida, but across the country — are not going to do anything about the H.O.A. problem.

    It is either going to take federal legislation — not likely given the Republican majority in Congress, although Democrats didn’t do **** either when they were in charge — or ballot measures put to a popular vote (in states where that is allowed) to enact any meaningful reform and provide home owners with substantial relief.

    Reply

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