The story linked below is mind boggling. A developer appoints himself as president of the HOA and appoints friends and relatives as board members. Then he proceeds to buy up 80% of the units making him eligible to force all remaining homeowners to sell their homes to him. Now people who used to own their own condo units have to rent them from this developer.
It should sound familiar to you. This kind of fascist neighborhood takeover has been happening for some time in Florida.
Now, what do you think about joining an HOA?
(link to Delaware County Daily Times)
Just FYI, this Chichester, Pennsylvania HOA homeowner horror sounds similar to what happened in Reading, Pennsylvania a few years ago.
Here is an email on that HOA horror with the links from a few sites, or news accounts from 2012:
07-02-12 – Reading, Pennsylvania—Another PA HOA/COA Tragedy—These Condo-Owners Had Their Properties Stolen By Local Developers – Business Insider
“I am not sure what is wrong with Pennsylvania politicians, law makers, public policy and housing fraud agencies, Attorney Generals Office and those who know and have known about these horiffic abuses, inflicted upon the most vulnerable and unsuspecting. It used to be, pick them off one by one, criminal attorney and board member, or neighbor, or prop. manager. No one will even investigate when innocent homeowners are thugged, property damaged routinely, terrorized and victims of extortion, so their “neighbor(s),” could steal their home in an obvious, but ignored, FRAUD. The DA’s and Federal Agency’s need to investigate every one of the these cases and even going back to early 2000′ s in some locales, like Monroe County, PA, where innocent victims were ignored. Ignored and denied any form of justice.
This is a shame and no one should endure the property thefts, homelessness, helplessness, hopelessness and financial burden being inflicted upon them, to benefit a select few. Why does it always seem to be “LOCAL,” in these scams? Local developer, local attorney, local judge, local insurance agency owner, local banker, local thug.. Maybe THE LOCAL is the problem!
Please, of you are in the media, law enforcement, a government agency, domestic violence prevention, Fraud task force, or related… PLEASE INVESTIGATE and REPORT. No matter, who the perpetrators are!
Business Insider and Privatopia.blogspot.com
http://www.businessinsider.com/these-condo-owners-had-their-properties-stolen-by-local-developers-2012-6
These Condo-Owners Had Their Properties Stolen By Local Developers – Business Insider
These Condo-Owners Had Their Properties Stolen By Local Developers – Business Insider
“By buying the 89 percent of the units at the foreclosure sale last year, [Timochenko] acquired all of the units and all of the votes he needed to approve a termination,” explains Tom Beaver, an attorney whom some of the unit owners turned to for help.
“Here’s the rub: Under Section 3220 of the Pennsylvania Uniform Condominium Act, when a condominium is dissolved, the condo association can put the entire condominium up for sale, regardless of who owns the individual units. So in acquiring control of the condo association, Water Polo I also gained the right to sell Fusco’s home.
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Here is a detailed explanation of the Deep Path condominium situation that I posted on below, noting that there had to be more to the story, and there is. You can read the statute at the link. Pennsylvania is one of the thirteen states that have adopted the Uniform Condominium Act of 1980. Section 2-118 of that Act is now Section 3220 of the Pennsylvania Uniform Condominium Act. Section 3220 is the code section that Timochenko used to accomplish this.
Posted by Evan McKenzie at 8:09”