JarrodG (Louisiana)
Posts: 16
Posts: 16
Posted:
I bought one of nine lots in a beautiful subdivision where most of the area is common area. I do not plan on moving there for another couple of years until I pay off the land. We have and HOA meeting voming up to turn over the books from the developer to the residents. However, one of the residents had his friends buy 4 of the other lots and he owns two lots for a total of 6 of the 9 lots. He did this because the developer would not sell to him because they were in a lawsuit and he had not paid his HOA fees in two years for a total of about 5k. He did pay these rececently. The problem I see arising is now he has 2/3 vote on everything. Therefore, does he even have to ask me and the other homeowner? Obviously this guy wants power and control over the subdivision or he would not have gone through the trouble of buying the lots under different names (that is essentailly what he did). To clarify, there are 9 lot holders, each with one vote per lot. He has 6 of the 9 votes. I am just going to be at his mercy? How can he ever be opposed if he always have 2/3 of the votes? Thanks!