In addition to having the right to sue for breach of contract, a homeowner may also have the right to bring a lawsuit against the HOA in the homeowner's capacity as a member of the HOA business entity. An HOA is a type a business entity formed under state law, sometimes a for-profit...
Also, which of them needs a written agreement? Estate: An estate may be defined as a substantial piece of land owned by an individual or an organization. An estate may be inherited from a family member or be purchased from its previ...
Buying into a residential community like a co-op, condominium, or HOA can be a bit like selecting the political system you’d like to live under. Governance styles can range from an Athenian democracy where every member of the community is involved in decision making, to downright dictatorship...