I'm kindof curious how the racketeering extortionists... err... I mean home owners associations get the authority to do what they do. I mean basically, the land isn't its own municipality.
Other than the contract your are forced to sign if you want to purchase in a "community", where do HOA's derive their authority? They aren't the land owners once the land is sold, nor do they retain any sort of lien. So how exactly can they force someone into even signing the contract as a purchase stipulation in the first place?
Other than the contract your are forced to sign if you want to purchase in a "community", where do HOA's derive their authority? They aren't the land owners once the land is sold, nor do they retain any sort of lien. So how exactly can they force someone into even signing the contract as a purchase stipulation in the first place?
