Cohousing-L Mailing List: Re: HOAs and LLCs

[Evdavwes (Evdavwes]

Hello, Joani Blank,
 
FYI:  Our Declaration (Westwood Cohousing, not a condo, but a planned  
development) provides that any proposed sale of a unit must be referred to the  
sales committee.  That committee then has 30 days to decide to approve the  
sale 
or to find a different buyer (who would have to be willing and able to pay  
exactly the same price under exactly the same terms).  In effect, if the  HOA 
is 
not comfortable with a particular potential buyer, it can substitute  someone 
else.  Our lawyer claims that this provision is not illegal.
 
David Clements
 
In a message dated 9/6/2005 6:16:20 AM Eastern Daylight Time, Joani  Blank  
writes:

3. A  community's HOA is formed when we become homeowners, that is, 
when we move  in. Then it is illegal in every state, I believe (not 
just California, for  an person who is selling their condo who they 
can or cannot sell  to.



 
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%

David Clements, Evan  Richardson, Wesley Clements, Lila Richardson
43 Vermont Court,  #G24
Asheville, NC 28806
828-285-0601