Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
What if no HOA has been set up?
So, we have this really interesting situation:
A partner and I have picked up 6 duplexes in one 'cul-de-sac' (It's really a private drive that feeds all of these duplexes. It turns out that they were never officially subdivided and there's a total of 8 duplexes in this one block and each one owns 1/8th of the total lot.
The 8th duplex is no problem, because it's on an outer corner and has road frontage on 2 sides.
But there's a 7th duplex and the owner doesn't want to do anything. there's kudzu crawling around everywhere and already going under his siding. He doesn't want to get together with us.
We want to spend some money to improve this cul-de-sac, as it hurts all of our property values having big holes in the driveways and no landscaping (just weeds) and kudzu crawling around.
Is there any way to force him to pay his share of the improvements, since there was never an HOA set up? Can we clean up everything and then put a lien against his property for 1/7th of the outlay?
No, we don't want to go through all of the trouble of setting up an HOA, which is very involved.