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When do HOA units transition from developer back to association?


Question:

I live in a building that was built in 2008. Now in 2011, there are only a few units that remain owned by the builder. I reached out to the builder to inquire about purchasing an additional garage parking space and a storage unit on the property. However, I would rather pay our HOA for these amenities if they are entitled to receive this money after the builder's units are sold and the building is "turned over" to the HOA. Is the builder always entitled to receive this money? Can the HOA deed these amenities to me, and what documentation and/or fees do I need to consider in ensuring these spaces convey into my property deed?


Answers (4)

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