In this week's tip, we analyze whether the future of condos and HOAs includes more lawsuits.
Our analysis begins in California, where a condo owner sued the city of Santa Monica. Sewers backed up into his unit, and he claimed it was because the city failed to maintain them properly. In response, the city countersued the homeowner's HOA, saying its failure to install the proper equipment on the property contributed to the damage.
Click play to hear a short clip in which two of HOAleader.com's experts—Phaedra J. Howard, CCAL, a partner specializing in community association law at Hellmuth & Johnson PLLC in Edina, Minn., and Carrie M. Timko, counsel at Sandberg Phoenix in Clayton, Mo., who is licensed in
Hawaii, Missouri, Illinois, and California and has represented community associations for 20 years—give insider insights on whether it's common for condos or HOAs get pulled into lawsuits between owners and other third parties and why that's a total budget buster.
And don't miss the extended video article in which Carrie and Phaedra talk about whether this is a red flag about what could be huge expenses on the horizon for communities like yours. Click here to view the full video
interview.
