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Old 10-15-2012, 12:11   #191
MtBaldy
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Join Date: Jul 2005
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Quote:
Originally Posted by DanaT View Post
I get that is how it generally works,but what legal principal allows me to sign a contract when I buy a house that is binding on the next buyer?
FL HOA law is fairly extensive compared to most other states:


http://www.leg.state.fl.us/statutes/...0720/0720.html

The contract you sign is not binding on the next buyer. That's why each buyer is required to sign it. Part of that contract says you cannot sell your property to someone if they don't also sign the HOA agreement.

It was 720.3053 "Failure to fill vacancies on board of directors sufficient to constitute a quorum; appointment of receiver upon petition of member" that caused me to spend two years as President of the HOA in our small development. A HOA is a legal entity under FL law with legal rights and responsibilities.

As has been said before, if you don't want to live under the rules of a HOA don't buy a house in a HOA.
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