Yikes! How can I say that having two brothers who are lawyers? And how can I say that after passing the LSAT and being offered a free ride through the University of Washington Law School?
I can say that as a forty-year journalist watching lawyers in court. Never trust a lawyer.
In the link below, a CAI lawyer has tried to simplify the ‘education’ process for prospective buyers. It’s a good step forward. But I like Nila Ridings idea of making all HOA home buyers sign an acknowledgement that each buyer isn’t really buying a home. He or she is buying shares of stock in a non-profit corporation where every single asset, every bank account, every stock account, every college education account is pledged as security to pay for each and every misdeed, miscalculation, embezzlement and lawsuit involving the HOA.
Madonna may decide her uppity New York co-op neighbors aren’t worth the rent. She’s suing because the co-op board doesn’t want Madonna’s kids or domestic help staying there when she isn’t physically in the building.
In the story linked below, I don’t read that she’s suing for racial discrimination, but I’d bet my last dollar that’s going to be a central point of her lawsuit. Some white folks just don’t like it when people of color are around. That’s how the whole HOA movement got started in the first place. Don’t believe me? Go look in the title history of your property deed!
Sorry about getting behind on my Neighbors At War blogs but I have been slogging through this Denver blizzard. At first I didn’t think it was such a big deal, but that was before I got my Blazer and my snowplow stuck in ditches. Oh, and trying to dig out neighbors has been a huge stress producer. This really wasn’t much in terms of a Denver blizzard. We had one in March of 2003 that left snowdrifts up to twenty feet high. But this one, despite being just a couple of feet, is the wettest snowfall I’ve ever seen.
It’s amazing how many homeowners don’t have a clue about the extent of organized corruption in the whole Homeowners Association industry.
Las Vegas? The feds convict 43 HOA ‘insiders’ for stealing 60 million dollars.
South Carolina? Well, this one is interesting. Up to five dozen Homeowners Associations have joined in a lawsuit against one of the state’s largest HOA management companies. Once again, endemic corruption. These homeowners have absolutely no idea how much has been stolen from them. The owner of the company admits she was stealing. Tears. Sobs. Regret that she got caught.