HOA, condo & co-op corruption and fraud roundup (Jan 2019)

Arrest handcuff fraud theft

By Deborah Goonan, Independent American Communities   Long list of HOA theft and embezzlement in this month’s roundup, as well as attorney misconduct. The industry can no longer claim “isolated incidents.” Former manager accused of taking more than $100,000 from Lincoln Village area HOA By Wes Bowers Record Staff Writer Posted Jan 25, 2019 at 5:18 PM Updated Jan 25, 2019 at 5:18 PM STOCKTON — The former manager of a Lincoln Village area homeowners association Continue ReadingHOA, condo & co-op corruption and fraud roundup (Jan 2019)

Advertisements

NJ court: homeowners are members of HOA, must pay fees for lakes

Gavel and legal books lawsuit court

By Deborah Goonan, Independent American Communities Last month, State Superior Court Judge Christine A. Farrington issued her opinion on a 2-year-old legal dispute over Ramapo Mountain Lake (RML) Association’s legal rights to demand dues and place liens on more than 800 of its nearby homes. In short, Farrington ruled that RML is a common interest community (planned real estate development). As such, each property owner is legally obligated to pay annual assessments to maintain its Continue ReadingNJ court: homeowners are members of HOA, must pay fees for lakes

NJ court: homeowners are members of HOA, must pay fees for lakes

Gavel and legal books lawsuit court

By Deborah Goonan, Independent American Communities Last month, State Superior Court Judge Christine A. Farrington issued her opinion on a 2-year-old legal dispute over Ramapo Mountain Lake (RML) Association’s legal rights to demand dues and place liens on more than 800 of its nearby homes. In short, Farrington ruled that RML is a common interest community (planned real estate development). As such, each property owner is legally obligated to pay annual assessments to maintain its Continue ReadingNJ court: homeowners are members of HOA, must pay fees for lakes

NJ lake associations demanding mandatory assessments from nonmembers

By Deborah Goonan, Independent American Communities   What would you do if a voluntary property or homeowners association suddenly demanded mandatory annual assessments, claiming the legal right to do so? A group of fifteen homeowners in the proximity of Lake Parsippany, New Jersey, have filed suit to stop Lake Parsippany Property Owners Association (LPPOA) from making the transition from a Voluntary lake membership organization to a mandatory homeowners association. According to the facts presented in Continue ReadingNJ lake associations demanding mandatory assessments from nonmembers