Protecting the HOA in Spite of Itself: Shareholder Derivative Actions
Unfortunately, construction defects are far from uncommon in townhome, condominium, and other common interest communities. When faced with defects, the typical response of an HOA Board of Directors is to retain legal counsel and pursue the developer, contractor(s), and/or design professionals, ultimately putting the financial burden of the needed repairs on those who caused the construction defects in the first place. What happens though when an HOA Board of Directors is unwilling to take legal action?
CAI Issues Call to Action to Oppose Lakewood Construction Defect Ordinance
CALL TO ACTION: OPPOSE LAKEWOOD CONSTRUCTION DEFECT ORDINANCE
CAI issues alert regarding proposed Lakewood construction defect ordinance
CONSTRUCTION DEFECT ORDINANCE INTRODUCED IN LAKEWOOD HOMEOWNER RIGHTS IN JEOPARDY