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Reload this Page Never disclosed HOA increase

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Old 12-20-2006, 10:44 AM
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Join Date: Dec 2006
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Never disclosed HOA increase

What is the name of your state? South Carolina
Recently purchased a new condo and settled on OCt 24, 2006. On Oct 11, 20006 there was a meeting to raise the HOA dues that was passed. We were never told prior to settlement about the increase,( which was a 40% increase), do we have any legal rights against the realtor for not disclosing this informtaion to us.
Thank you
  #2  
Old 12-20-2006, 11:56 AM
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Join Date: Nov 2005
Location: South Cackalacky
Posts: 15,040
Does your contract state what the HOA dues are?
  #3  
Old 12-20-2006, 12:10 PM
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Join Date: Sep 2006
Posts: 370
When does the increase take effect? I doubt you have any recourse, that is one of the risks of buying the a condo or residence in a HOA. They may have had a duty to disclose the meeting, but what would your damages be???? Especially if you could back out of the purchase anyway? More info is needed.

The bottom line: You are upset, and reasonably so, but who is to blame? Really no one. That is the way the cookie crumbles...
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