Condo Q&A

HOA president buys units cheap then reduces past dues

Written by stephen polinsky | Wed, Feb 27, 2013 @ 02:21 PM

I am trying to purchase a condo in Fort Myers Florida , in a certain complex. The president keeps buying these cheap units up. He is using his power to give himself reduction in past hoa dues . He buys thens rents them out or flips them . Is this legal? He won't give me any reductions .