It argues that while modern regulations now require such easements to be dedicated to a development’s homeowners association, subdivisions built out in the 1990s and prior frequently lack a stated designee responsible for the stormwater system’s upkeep. The development’s builder or homeowners association “was the implicit beneficiary,” the paper argues, but in cases where such associations are now defunct or never existed “an unanticipated and costly asset remains.” Read the entire article……………………………….
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