Question:
Our HOA consists of a total of 170 dwellings within 6 buildings that began to be sold in 2004.
One of the 6 buildings (30 dwellings) remains to be built. The builder still owns and rents about 60 of the 140 built dwellings.
The builder is preventing transition from occurring as the builder still owns about 50% of the units, though it is making no effort to sell them and is simply renting them.
Does the HOA have legal recourse to force transition so that building defects can begin to be addressed with transition?
Answers (4)
What are your thoughts on this topic?
Comments and postings are not legal advice, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other.