HOA, condo & co-op Golf Community Updates (Jan 2019)

By Deborah Goonan, Independent American Communities The common theme in this months golf course news: a homeowner has little to no control over the future of the centerpiece of the community. And, if homeowners want to retain a playable course or pristine green views, they’d better be willing to pay for it.     Residents Upset Over “Barren” Legends Golf And Country Club By Asher Wildman Lake County PUBLISHED 8:54 AM EST Jan. 15, 2019 Continue ReadingHOA, condo & co-op Golf Community Updates (Jan 2019)

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Has the HOA community association created a new vision for Fair Housing?

By Deborah Goonan, Independent American Communities In past decade or so, real estate developers and investors started targeting private and common interest community housing to specific groups of buyers, based upon religious background. But, is it legal under U.S. Fair Housing Act of 1968? The answer, it appears, is not obvious. Joppatowne, MD lawsuits focus on alleged Muslim-only community For example, in October of 2017, Faheem Younus, developer of River Run, made national headlines when Continue ReadingHas the HOA community association created a new vision for Fair Housing?

HOA, condo & co-op corruption and fraud roundup (Nov 2018)

Arrest handcuff fraud theft

By Deborah Goonan, Independent American Communities The November 2018 roundup includes reports of HOA corruption from embezzlement to wire transfer fraud to money laundering. Orange Sheriff’s Office investigating reported $400K embezzlement from Lake of the Woods Association (VA) By Allison Brophy Champion Culpepper Star-Exponent Nov 27, 2018 The Orange County Sheriff’s Office is investigating the reported embezzlement of more than $400,000 from the Lake of the Woods Association by a former employee, according to a Continue ReadingHOA, condo & co-op corruption and fraud roundup (Nov 2018)

New conflict of interest disclosure law affects NY condos and co-ops

By Deborah Goonan, Independent American Communities   A new disclosure law in New York State highlights the fact that condominium and cooperative corporations are subject to different legal standards than government entities. While municipal, county, and state governments officials are legally prohibited from steering taxpayer-funded contracts to their own businesses, or those in which they hold a financial interest, condo and co-op boards can engage in potentially conflicted business deals, so long as the relationship Continue ReadingNew conflict of interest disclosure law affects NY condos and co-ops