HOA Assessment

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If a town home was purchased after a large hail storm and no information was was disclosed about the damage to the roofs from the storm during the closing of the home .Is the new home owner responsible to pay an assessment from the HOA for the repairs even though the loss date of the storm was prior to the closing date of purchase?

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Posted by Anonymous
Asked on September 16, 2020 12:07 pm
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This may be more complicated than most folks initially think.
Generally, the owner of the unit at the time of the assessment is responsible of for the assessment, when the damage occurred is not determinative.
However, you may have some leverage WRT Failure to Disclose during the Buy/Sell process. Your likelihood of success on this claim will be very factually dependent. To explore your rights, remedies, risks, options, timeline, etc for this claim I recommend that you have a free conversation with one of our attorneys.
To schedule just call 303-688-0944 (24/7) or schedule online here - https://calendly.com/case-assessment/case-assessment

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Posted by donald@robinsonandhenry.com (Questions: 0, Answers: 282)
Answered on September 16, 2020 12:51 pm