Real Estate Law
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As long as the person still owns the home, the person would be entitled to run for office. Having the home up for sale does not mean there will actually be a sale. Knowing the person has the house up for sale may influence whether or not the person actually gets elected, but having the house for sale does not preclude him from running. If elected, should the house sell, the person would then have to resign and the HOA bylaws would dictate the process for replacing him.
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