Develper does not pay assessment

Started by ChadU1 • 1 replies • 2063 views

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ChadU1 (Ohio)
Posts: 4

Posted:

I read through our covenant and it is stated that developer is not required to pay an assessment. The assessments are paid only by lots where there is a living resident so this also excludes about 6 market homes. Our HOA is in debt over 100K already.

What can we do as residents of the community?

RogerB (Colorado)
Posts: 5,067

Posted:

Chad, you may want to get an opinion from an attorney to see if these Covenants discriminate or otherwise violate some law in your state.

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