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It's an HOA world; you're just living in it

Explain It to Me

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Regulating HOA's

I think local governments should take a much stronger hand in helping associations resolve their conflicts, you know, to resolve their internal conflicts at low cost without recourse to the courts. But what we are seeing now, particularly since the collapse of the Champlain Towers South, is starting to see some movement toward regulating HOA practices. I have not seen what I would like to see and I'm hoping it happens, which is greater regulation of the developers for setting up sound financial practices from the outset.

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