Hi all!
I'm in the process of closing on 3 units of a 5 unit town home property.
There was no past HOA as the previous owner held all 5 of the units. Now that there are multiple owners, there needs to be an HOA mainly for Trash & Lawncare costs that are shared between all owners.
The previous owner wants to be involved in creating the new HOA, but I think that as the new majority owner, shouldn't I, as well as the two other new owners, craft it ourselves?
Thanks for any and all feedback!
Lili