DanielL3 (Louisiana)
Posts: 65
Posts: 65
Posted:
My HOA has entered into a lease agreement with the developer of a 55+ community. This lease is for a building which was to be originally conveyed to the HOA. The developer had used the building's assets and created liens against the building.
The lease has yet to be signed by both parties. Now, the developer wants the name of the facility changed from clubhouse to "community center". Is there anyone who may know if there is a legal difference, or advantage the developer has in changing the names?
Thanks
Daniel
The lease has yet to be signed by both parties. Now, the developer wants the name of the facility changed from clubhouse to "community center". Is there anyone who may know if there is a legal difference, or advantage the developer has in changing the names?
Thanks
Daniel