• Triumph@fedia.io
    link
    fedilink
    arrow-up
    2
    ·
    15 days ago

    The Association can dissolve itself, but that doesn’t have anything to do with the Declaration. That’s the document that lays out all the rules and regulations which have to be followed, and in order to even amend that, you’re probably going to need an overwhelming number of lots/units to vote in favor of that. And there may be an additional clause that says something like “in order to entirely cancel this Declaration, you need 100% of lots/units to vote in favor of that”.

    Then, without an Association, but with the Declaration still in place, any homeowner can sue any other homeowner for a perceived violation of that Declaration. By dissolving the Association, you’re potentially opening the floodgates.