Shauna Thomas: The misunderstood HOA (MT)

The tragedy of the commons is an economics problem where every individual has an incentive to consume a resource, but at the expense of every other individual – with no way to exclude anyone from consuming. For example, consider when property owners within a neighborhood open a business, such as vacation rental. While the absent owner pays no price, the neighbors sacrifice personal safety and loss of peaceful enjoyment of their property.   Read the article………………………..

Editor

Recent Posts

Injunctive relief not barred by dec judgment action (VA)

Where a litigant is otherwise entitled to injunctive relief, the fact that a declaratory judgment…

4 hours ago

Can a Co-Op Board Make Autopay Mandatory for a Deadbeat Shareholder? (NY)

A board member at a 10-unit Harlem co-op has a problem and a question. The…

5 hours ago

Snowmass planning commission recommends denial of condominium associations’ request to abandon nearby workforce housing plans (CO)

The Snowmass Village planning commission will recommend against a request by several condominium associations to…

5 hours ago

Ocean Grove surrenders on allowing Sunday morning beach access, at least for now (NJ)

The Ocean Grove Camp Meeting Association, which governs much of life in a place that…

5 hours ago

Community Associations’ Use of Best Efforts to Obtain Insurance (FL)

Each year, condominium associations work to obtain insurance at reasonable rates in an effort to…

10 hours ago