Hello,
My home owners association is trying to set a minimum sale price for the units in our condos. They are doing this to "protect property value". I think it's dumb, but do they have the legal right to fine owners who sell below a minimum sale price that they decide on?
If this is legal, what legal actions, if any, can I take to prevent them from doing this?
Thank you.
My home owners association is trying to set a minimum sale price for the units in our condos. They are doing this to "protect property value". I think it's dumb, but do they have the legal right to fine owners who sell below a minimum sale price that they decide on?
If this is legal, what legal actions, if any, can I take to prevent them from doing this?
Thank you.