On Thu, 18 Dec 2008 08:46:46 -0500, Norminn
wrote:

Nate Nagel wrote:

SteveB wrote:

Nevada has such a law.

Now, a new subdivision or condo bunch may not be built without the
builder forming a HOA, and then turning it over to members.


Meh? Did you mean that in the whole state of Nevada, a developer HAS
to form a HOA? Or was that referring to the previous paragraph?

(sounds like a good argument for buying your own lot and hiring your
own contractor)

nate


There was recently a news story in Florida about a family that purchased
a home in new subdivision. The
developer went broke, few homes were built, but as I understand it the
association is still responsible for
maintenance.....mowing lots, etc. Lots were overgrown and IRRC the gist
of the story was that the family
had safety issues with the condition of the neighborhod........animals,
loitering, etc.

I hate it when animals loiter.

The articles of incorporation of our HOA said, perhaps required by
law, that the home owners wouldn't take over responsibility until
somethin glike 75 percent of the hosues were sold. Until then it was
the developers responsibility. Of course if he goes broke, it doesn't
really matter that it's his responsibility!