Condo Q&A

Can developer giveĀ  HOA unfinished lots?

Written by CondoAssociation.com | Mon, Mar 15, 2021 @ 01:25 PM

We are a small HOA 12 units total and 5 unit lots that could be built on. Developer wants to give us tax free the 5 unit lots and get out of it. Question is what, as a NPF HOA will this do to us if anything?  Illinois