On Fri, 3 Feb 2017 12:48:13 -0500, Keyser Soze wrote:
On 2/3/17 12:32 PM, wrote:
On Fri, 3 Feb 2017 07:10:06 -0500, Keyser Soze wrote:
Is it a mandatory participation, deed restricted HOA or just a
voluntary non profit?
I don't know...as I said, "I don't pay much attention to the
Association...it's not intrusive." Here's an idea: why not ask me again,
and get the same answer.
How can you own a property and not know if there is a covenant on the
deed? Maybe you should ask your wife. Hint:Are the dues mandatory?
Can you just say no?
Of course I can say no. No. I offer that no sans context.
Here's an idea: why not ask me again, and get the same answer.
I am simply trying to find out how intrusive it actually is. If they
have a deed covenant (mandatory participation, lien authority etc) it
is as intrusive as the next condo commander wants it to be. If it is
voluntary like our association, things are negotiated between
neighbors who talk to each other and we make our dues simply reflect
the services we give with no force involved. The only hammer we have
is no dues, no boat ramp key.
We get 85-90 % participation. We have about 2 years worth of dues in
reserve because we have good management and we voted out the spend
thrifts who drove the dues up. It turned out our biggest single
expense before the coup was lawyer fees trying to figure out how to
reinstate the deed restrictions that had expired. The 14 people who
were running things really thought they could 50%+1 but the law
required 100%. They were lobbying to change the law.
I walked the neighborhood talking about this and at the next annual
meeting, the whole thing was voted down 44 to 14 and those people were
all kicked off the board a year later. That was when we started
accumulating money.