Tag Archives: HOA bankruptcy

Fifty Million Dollars?!?!?!?

A high-rise residential tower in Baltimore is filing for bankruptcy after a homeowner won a lawsuit against the condo association. Instead of repairing his mold problems they fought him all the way through the court system. In the process, this idiotic condo board discovered the mold problems were real and now they’re having to do repairs on the entire high-rise. Their claimed losses are anywhere from ten million to fifty million dollars.

Anybody want to buy a ritzy Maryland apartment? Dirt cheap?

(link to Baltimore Sun)

 

 

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