waltzingmatilda
Verified Insider-Roy Moore
- Joined
- Sep 10, 2008
- Messages
- 6,718
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"Apparently, HOA's are not required to cough up a copy of amended covenants to agents or potential homebuyers. It sounds like the agents receive the original covenants that were written by the bank and the developer. If later changed, the HOA is not held accountable to provide the amended copies to their new neighbors."
(Note-- had to cut and paste above quote by myself-- quote feature not working!"
The fact that the HOAs are not required to gived out amended covenents to agents and potential homebuyers is OUTRAGEOUS! Sounds like FRAUD to me. The terms of sale are not being specified in a truthful manner -- very deceptive. I believe if this went in front of a judge, he would say that the woman was sold the property under false pretenses. I hope she gets a lawyer and goes after the HOA!
Penelope, Thanks for your input and expertise on the subject. My above quote is based on personal experience from when I bought a house in '96. I received the covenants at signing only to learn after moving in that those covenants had been amended. Fortunately, I had no issues with the new amendments.