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Rick wrote:
> "azotic" <azotic@cox.net> wrote in message
> news:qoadg.27541$QP4.886@fed1read12...
>
>>Would you deposit your lifes savings in a bank that doesnt have FDIC
>>insurance ?
>>Would you invest in stocks not regulated by the SEC ?
>>
>>Lets get the government to put some oversight on HOA communities.
>>
>>http://www.petitiononline.com/homeback/petition.html
>
>
> I'm all for government regulation. But the petition seems to want to strip
> the HOA of its power to foreclose against unit owners who don't pay their
> maintenance fees. Please propose an alternative mechanism that forces unit
> owners to pay their dues.
>
>
WRONG!
The the unpaid HOA dues should not be subject to take property![Emphases
added] Simply cutting services for which they are collected to
delinquent homeowner should do. Same as utility company cuts their
services. There is plenty of services including Garbage collection,
insurance and repairs the HOA can cut. However HOA without dues can't
exist so it would be good leverage for homeowners to have HOA rein in.
It would work wonders in Woodside Village HOA.
It would be free market force of supply and demand.
Reiterating: "The power corrupts so the absolute power corrupts absolutely.
-Sub
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