Re: Cohesiveness of community after a sale?
From: Sharon Villines (sharonsharonvillines.com)
Date: Mon, 21 Jul 2025 10:26:45 -0700 (PDT)
> On Jul 20, 2025, at 1:17 PM, Cynthia Koan <cynthia.koan [at] gmail.com> wrote:

> Meadow Wood's process allows an off-market window for the HOA to make an
> offer before being free to go to market, as long as we don't accept a lower
> offer.  In that case, we'd be obligated to go back to the original bidder
> and give them the right of first refusal at that price.

Check the state laws for real estate sales on the definition of “on the 
market.” People have used the definition of “on the market” as “listed with a 
real estate agent" or another public offereing like a newspaper announcement. 
Particularly important when stating time periods in ROFR statements, when does 
that period begin — when the owner informs the board, when they inform the 
community email list, when they post an announcement on a neighborhood or other 
public list, etc. Does the offer of availability have to include a price in 
order to be a qualifying offer of availability? 

“Off-market” can be a dangerous phrase. Does it mean only availabe to some 
people? Can the limited availabilty be defined without reference to the 
protected classes listed in the Fair Housing laws?

Sharon
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Sharon Villines
Riderwood Village, Silver Spring MD
Formerly of Takoma Village, Washington DC

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