HOA Sales Transactions Can Be Precarious – There Are Many “Sharks” in the Water
HOA sales transactions can be precarious when the parties that are doing the talking do not know what they’re talking about. I did a blog about a month ago with a “beware slant” telling you about why if you are on an association board you need to be careful about who you choose to communicate with. Buyers and sellers generally want someone else to do the work for them, so they rely heavily on their real estate agents. They expect their agents to communicate with the boards. However, a board that has been the least bit educated on the subject knows one thing, if nothing else . Do not start a conversation with anyone other than an owner with regard to a sale. I will say it again, because it is sooooooooooooo important: Do not start a conversation with anyone other than an owner with regard to a sale! Read the article…………….
Condominium and co-op boards faced an uphill struggle in the immediate aftermath of Hurricane Sandy, but now they are dealing
California’s 1st District Court of Appeal recently ruled that “design professionals” may be liable under both common law and Senate