Condo owner questions appraisal after law allows home to be taken (AZ)

We’ve been following the stories of Phoenix condo owners who are the latest to fall victim to a bizarre state law.  In June. Courtney Hoogervorst and her neighbors in Solstice Arcadia Condominiums, near 54th Street and Thomas Road, were informed that their complex was being taken over by a local investor, Travis Karl, using the condominium termination statute. It says 80 percent of the units agree, a condominium association can dissolve and force the remaining owners to sell at fair market value.   Read the article…………….


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