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Mary in S. Carolina

(1,364 posts)

3. Disclosure By the HOA

Reply to thomhartmann (Original post)

Fri Jul 2, 2021, 02:43 PM

Jul 2021

If you are buying a condo, the HOA is required to disclose items such as faulty foundation, lawsuits, inspection and the HOA finances. The buyer than weighs this information, along with the price of the condo when making their decision to purchase. Now, I read somewhere that a recent buyer had no idea regarding the condition of the condo's structure and inspections - this is a problem. In my opinion, the buyer has a lawsuit against the party (HOA, seller's agent, seller, buyer's agent) that failed to disclose.

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Highlight:

How The Reagan Revolution Collapsed America & the Florida Condo [View all] thomhartmann Jul 2021 OP

Another excellent op from Thom. We can add to the list of problems brought on by greed the abqtommy Jul 2021 #1

On the bright side, the rich are richer. The Rich White Guy Party never disappoints. czarjak Jul 2021 #2

Disclosure By the HOA Mary in S. Carolina Jul 2021 #3

IIRC, the height of the stack of documents involved in buying real estates exceeds 24 inches... Wounded Bear Jul 2021 #29

Great idea "raise taxes on wealthy people and corporations". rickyhall Jul 2021 #4

Well said, Thom UpInArms Jul 2021 #5

Kicketty Kickin' Faux pas Jul 2021 #6

An excellent summary of how "greed is good" republicans have ruined America Mysterian Jul 2021 #7

True. 👍 Duppers Jul 2021 #13

Unregulated capitalism doesn't self destruct, it morphs into fascism...nt Wounded Bear Jul 2021 #30

The surprising thing is that it doesn't happen more often Ferrets are Cool Jul 2021 #8

I think we're going to see more of this occurring. And the GOP will not give a RKP5637 Jul 2021 #9

True dat!! Ferrets are Cool Jul 2021 #10

Instead of putting money away to prepare for big ticket maintenance items like roofs, patphil Jul 2021 #11

+1 llmart Jul 2021 #17

This was very informative! ShazzieB Jul 2021 #12

But as you know, Thom, none of this is likely to happen as long as they can buy congresscritters peppertree Jul 2021 #14

And the republicans want to Turbineguy Jul 2021 #15

Wow! That post is loaded with excellent information. Dreampuff Jul 2021 #16

If condos have to be completely rebuilt from the ground up after forty years... hunter Jul 2021 #18

Great info on the HOA fees. zentrum Jul 2021 #19

It seems to me that Reagun was the beginning of a lot of bad shit. BigmanPigman Jul 2021 #20

Add CPGs to your list....they have know for years that sugar is addictive and makes products GumboYaYa Jul 2021 #21

Stop, there were 2 identical towers and one is in perfect shape!! Jon King Jul 2021 #22

+1000 nt WarGamer Jul 2021 #24

Just a note re: Post WW2 prosperity WarGamer Jul 2021 #23

Excellent post! MaryMagdaline Jul 2021 #25

I read this earlier today at work. Mr. Evil Jul 2021 #26

dont forget the union busting. non-union labor was part of the equation. mopinko Jul 2021 #27

K & R...nt Wounded Bear Jul 2021 #28