Dec 2005 I purchased a luxury condominium
- the market fell people bought these and turned them into section 8 housing
- condo management refuses to tell me how many of the 504 condo`s are section 8. These people have ruined the complex. a woman living downstairs is banging on the ceiling when my realestate lady is showing the condo. She`s now complaining that she can hear people walking and flushing the toilet, etc . I did not buy into this. These renters are coming in with animals and family members over the stated number for the apartments
. This putting stress on the condo complex, not to mention ruining it. I paid 172,000 for this property and it is now worth about 86,000. I want to know if I can sue the association
for mis handling the properties and changing the entire climate of the condo`s. They ruined my investment.
JA: Because real estate
law varies from place to place, can you tell me what state the association is in?
Customer: Lake Mary fla
JA: Has any paperwork been filed?
Customer: not yet
JA: Anything else you want the lawyer to know before I connect you?
Customer: The condo association has several people who own more than 5 properties, they do not live there and do not have the same investment. Also what would it take to change the condo`s into 1st or second home only ownership and the owner is responsible to have a legal check done on anyone they plan to rent to. We now pay 35,000 a year to have police patrol because this place has become so low end.