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"Larry Bud" <larrybud2002@yahoo.com> wrote in message
news:1148560951.569902.86620@u72g2000cwu.googlegroups.com...
>> > 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.
>
> A simple small claims suit of the HOA against a homeowner, or if the
> amount is too much, a civil case in district court, just like any other
> monetary dispute.
What if that person cannot afford to pay? He gets off the hook and everyone
else foots the bill for his portion of the services?
BTW, in New Jersey it is very difficult to foreclose somebody. A judge is
always involved and the homeowner seems to always get lots of chances to pay
the bill. And if they cannot afford it, they have a long time to sell the
house, repay the HOA, and move somewhere he can afford. What's so wrong
with this?
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