HOA, condo, & co-op corruption, fraud, & theft roundup (June 2018)

By Deborah Goonan, Independent American Communities This month: several managers, former board members of association-governed communities either arrested or sentenced; mortgage fraud investigation continues in Florida; a developer and hotel owner is sued by owners of condo association for raising fees by 150%; environmental fraud in Massachusetts results in light sentence   Sentencing delayed for …

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HOA, condo, Co-op fraud, theft, & corruption roundup (May 2018)

By Deborah Goonan, Independent American Communities   Real estate fraud schemes in the world of association-governed communities.   Former HOA treasurer gets jail time in theft By Kim Smith ksmith@gvnews.com May 24, 2018 A former HOA treasurer was sentenced Thursday to seven years' probation and six months in jail for stealing more than $203,000.   …

Lawsuit against Bella Collina HOA falls apart

By Deborah Goonan, Independent American Communities   Sometimes a bitter homeowner’s association dispute is not what it seems. Readers may recall a previous post about Bella Collina, an exclusive planned golf resort community near Orlando. In March of 2017, the Orlando Sentinel reported that lot owners in Bella Collina of Monteverde (near Clermont), Florida, filed a …

HOA, condo, & co-op fraud, theft, & corruption roundup (April 2018)

By Deborah Goonan, Independent American Communities This month’s roundup includes dishonest board members of association-governed communities, a developer previously sanctioned for fraudulent activity, and HOA foreclosure fraud.     Former HOA treasurer pleads guilty to theft By Kim Smith ksmith@gvnews.com Apr 23, 2018 A former HOA treasurer accused of stealing more than $204,000 from the …

HOA, condo, & co-op corruption, fraud, & theft roundup (March 2018)*

By Deborah Goonan, Independent American Communities   Former Woodstock condo treasurer accused of embezzling $137,000 By John Penney, The Bulletin 225 jpenney@norwichbulletin.com, (860) 857-6965 Posted Mar 23, 2018 at 9:37 AM Updated Mar 23, 2018 at 9:38 AM WOODSTOCK – A Woodstock man is accused of embezzling more than $130,000 while serving as the treasurer …

FL condo association bans Christian music, bible study in meeting room

Fair Housing complaint filed with HUD   By Deborah Goonan, Independent American Communities   Industry trade groups and developers’ sales agents sell condominium associations as “communities” that share more than just housing. They sell a lifestyle with that “cultivates a true sense of community.” But every week new reports of internal conflict, bullying and harassment, …

HOA, Condo, & Co-op Legislative Highlights (Feb. 2018, MA,MD, MI, NH)

By Deborah Goonan, Independent American Communities MARYLAND Senate Bill 258 and House Bill 77 (MD) It’s no secret that real estate developers prefer to limit and avoid construction defect warranty claims. In Maryland, some developers add provisions to association governing documents or sales contracts that are intended to get around state law by effectively reducing …

HOA, Condo, Co-op Fraud, Theft, & Corruption Roundup (Feb. 2018)

By Deborah Goonan, Independent American Communities South Austin HOA suing former employees for misusing organization funds (TX) By Yoojin Cho Published: February 15, 2018, 11:16 pm Updated: February 15, 2018, 11:18 AUSTIN (KXAN) — The Shady Hollow Neighborhood Association filed a lawsuit last week against two of its former employees. The lawsuit alleges that the …

Your HOA: part corporation, part police state?

Homeowners, residents question excessive power of HOAs. By Deborah Goonan, Independent American Communities   Regular readers of IAC are familiar with my monthly “Corruption, fraud, & theft Roundup” posts. Today’s post is a Roundup of reports of homeowners association using and abusing their vast police powers in their communities — generally in the absence of …

Fake deed restrictions: a new twist on the HOA scam

By Deborah Goonan, Independent American Communities   Most of the time, homeowners don’t think about the deed that grants them legal rights to own and use their property. It’s simply assumed that lenders, real estate brokers, and attorneys follow the proper procedures for conveying ownership and, when necessary, filing proper liens. Homeowners may think that …