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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal>Sorry to use this forum, but I have a client question related to home sales, and this is the broadest Florida-based forum I have. So please forgive me for asking as follows:<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Client selling home governed by HOA covenants. Covenants say that a sale <u>may</u> be disapproved by the HOA for a number of reasons, including if buyer is putting less than 10% down. Buyer is obtaining VA loan and putting 4% down. HOA rejected outright, without requesting financial or income information. Any case law or other guidance on this? My belief, based on experience in other realms, is that since the documents says “may”, the board must use reasonable discretion in applying the standard.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Any thoughts? Thanks.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black'>Scott A. Frank<o:p></o:p></span></b></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black'>Attorney at Law<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black'>LAW OFFICES OF SCOTT A. FRANK, P.A.</span></b><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black'>5301 N. Federal Highway, Suite 170<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black'>Boca Raton, FL 33487<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black'>p: (561) 826-5400<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black'>f: (561) 423-5721 <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black'><a href="mailto:sfrank@saflaw.com"><span style='color:blue'>sfrank@saflaw.com</span></a><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black'><o:p> </o:p></span></p><p class=MsoNormal><img border=0 width=93 height=93 style='width:.9687in;height:.9687in' id="Picture_x0020_1" src="cid:image001.png@01D2381F.5A658530" alt="https://www.starslink.com/assets/AuthorizedAgentBadge.png"><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black'><o:p> </o:p></span></p><p class=MsoNormal><i><span style='font-size:8.0pt;font-family:"Verdana",sans-serif;color:black'>If you believe that you have received this message in error, please notify the sender by reply transmission and delete the message without copying or disclosing it.<br><br>Pursuant to Internal Revenue Service guidance, be advised that any federal tax advice contained in this written or electronic communication, including any attachments or enclosures, is not intended or written to be used and it cannot be used by any person or entity for the purpose of (i) avoiding any tax penalties that may be imposed by the Internal Revenue Service or any other U.S. Federal taxing authority or agency or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.</span></i><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>