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re: HOA- Annual Dues increase

Posted on 10/6/14 at 10:09 am to
Posted by MNCscripper
St. George
Member since Jan 2004
11724 posts
Posted on 10/6/14 at 10:09 am to
quote:

most HOAs are run my the developer until either a set number of lots are sold or all lots are sold. at that point it is turned over to the residents, where board member elections are held and the home owners can vote to change bylaws and dues. until then the developer is the sole voter, IE the dictator, of the HOA


This is the exact situation in CE
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