Homeowners & Condominium Associations
All those rights and liberties we take for granted go right out the window when these groups hold sway. Next thing you know, you have fat guys walking around in their undershirt holding a clipboard and writing down whose shutters need painting and whose front door is the wrong color.
It's a good thing Thomas Jefferson isn't alive or he'd be rolling over in his grave, as Yogi Berra might have said.
New Companies
Andy of Canoga Park, CA, writes:
I am the President and Treasurer of our Homeowners Association. I have been asking for a small compensation of $80.00 a month plus expenses to do the accounting, etc. and manage the building 'cause no one else will do it and we can not afford a management company without raising our dues significantly. One owner only told me it
is illegal by "state law" for me to take any money except expenses. Is she right or wrong? Please send me an email Thanks a lot.
Your association should declare a special assessment to hire a lawyer who specializes in homeowners associations to get an answer to this question and to do a legal audit of your bylaws and corporate structure. There is too much at stake to rely on free Internet advice.
