News
Court Rules Against Property Owners
RALEIGH — Many new housing developments have homeowners associations. Developers, however, often write the original rules and maintain effective control of these associations until the subcommunities are complete. In a June 21 ruling, the N.C. Court of Appeals upheld the legality of such provisions, even when they make it more difficult to sue the developer for his actions or omissions. In 1989 Crescent Resources, a subsidiary of Duke Power, began work on the Peninsula, a subcommunity on Lake Norman near Charlotte. The company established a homeowners association, the Peninsula Property Owners Association, for the development, over which it maintained control until all lots had been sold.
Michael Lowrey