GL Homes settles lawsuit with Valencia Sound; HOA will refund buyers charged $5,000 (FL)

/ Owner - March 1, 2024

The homeowners association for Valencia Sound near Boynton Beach has refunded nearly $100,000 to recent buyers who were improperly charged a $5,140 “capital contribution fund by the HOA.”  The refunds were the result of a recent settlement of a lawsuit brought by GL Homes, which sued the HOA for charging its buyers the $5,000 when the rules, adopted by the homebuilder, barred such a fee from being levied.   Read the article…………………………….

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