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Default Sue HOA when home value declines


"HeyBub" wrote in message
m...
"[LONGMONT, Colo] A Longmont couple has turned the legal tables on their
homeowners' association - suing it not for being too overbearing with
rules enforcement but for being too lax. [Plaintiffs] complain in their
suit that houses around them feature architectural inconsistencies, lawns
are choked with weeds and construction projects are allowed to go on
longer than the association covenants allow."

http://www.dailycamera.com/news/2008...cried-too-lax/

How much money could a HOA have? Shouldn't any money it has go back into the
neighborhood?

I lived in a Neighborhood Association (NA) and a good President can make a
difference but it never occured to me to sue them.


 
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