- Jun 6, 2005
- Reaction score
- eastern Europe
With enough 'dump' on the HOA/POA/BOD, they will be forced to either close the doors or fix the problems that caused all of these owners to walk away...
The HOA/POA/BOD are members of the ownership like Congress and the House are 'Citizen Taxpayers' sure they pay taxes and they are effected by the laws they pass, but it's not exactly the 'morally superior' that get the job, its all about their pockets first...Just like the HOA/POA/BOD members, they do what benefits them first and the rest of the ownership next
Your view of HOA's is colored by your owning developer controlled resorts where the HOA BOD is dictated by the developer. That is a whole different animal from a member-controlled board, and do not assume that the two operate in similar ways because you would be flat wrong.