[WSBARP] Transferring HOA to a property management company by board vote?

Britt, Christopher christopher at lucentlaw.com
Thu Mar 2 19:22:22 PST 2023


I think they can HIRE the property management company (seems like a waste)
but I would have serious concerns about the hoa selling to one.

CGB

On Thu, Mar 2, 2023, 7:19 PM Tom Lee <rtl at rtleelaw.attorney> wrote:

> The notice for the annual and special members meeting specifically says, "
> Item [X] Transferring HOS over to {redacted} Property Management". Yes,
> this company is a for-profit corporation. I *think* some board members
> want to delegate their HOA duties and responsibilities to a property
> management company because they do not want to deal with it. I have so many
> questions myself.
>
> On Thu, Mar 2, 2023 at 7:01 PM Britt, Christopher <
> christopher at lucentlaw.com> wrote:
>
>> To clarify, do you mean transfer ownership to a property management
>> company?  HOAs are non-profit corporations.  Property management companies
>> are not.  Also, there would be ownership of real property and there is
>> likely a bar on transfer of real property under the CC&Rs.  There are many
>> questions...
>>
>> Christopher G. Britt, M.A., J.D.
>>
>> Attorney at Law
>>
>> 1403 S. Grand Blvd., Suite 201-S
>>
>> Spokane, WA 99203-2278
>>
>>
>> P: 509.455.3713
>> D: 509.316.2131
>> F: +1.509.455.3718 (must dial 1 before area code)
>>
>> E: *christopher at lucentlaw.com <christopher at lucentlaw.com>*
>>
>> Web: www.lucentlaw.com
>>
>>
>> On Thu, Mar 2, 2023 at 6:38 PM Tom Lee <rtl at rtleelaw.attorney> wrote:
>>
>>> Listmates,
>>>
>>> A small condo complex has the HOA board president proposing that the HOA
>>> be transferred over to a property management company. Before I did some
>>> digging here, I wanted to ask if anyone has ever heard of this, and whether
>>> this is even legal.
>>>
>>> All advice and pointers are appreciated.
>>>
>>> Best,
>>> Tom
>>>
>>> --
>>>
>>> *TOM LEE*
>>>
>>> Attorney
>>>
>>> *R. THOMAS LEE, PLLC* | Attorney and Counselor at Law | A Professional
>>> Limited Liability Company
>>>
>>> Direct: 425-219-6736
>>>
>>> rtl at rtleelaw.attorney | website: www.rtleelaw.attorney
>>>
>>> This E-Mail message and any documentation accompanying this transmission
>>> may contain *Attorney Work Product, privileged, and/or confidential
>>> information and is intended solely for the addressee(s) named above*.
>>> If you are not the intended addressee/recipient, you are hereby notified
>>> that any use of, disclosure, copying, distribution, or reliance upon the
>>> contents of this E-Mail message and/or attached documentation is strictly
>>> prohibited and may result in legal action against you.  Please reply to the
>>> Sender advising the Sender of the error in transmission and immediately
>>> destroy the message and any accompanying documents.  Thank you.
>>> ***Disclaimer: Please note that RPPT listserv participation is not
>>> restricted to practicing attorneys and may include non-practicing
>>> attorneys, law students, professionals working in related fields, and
>>> others.***
>>>
>>> _______________________________________________
>>> WSBARP mailing list
>>> WSBARP at lists.wsbarppt.com
>>> http://mailman.fsr.com/mailman/listinfo/wsbarp
>>
>> ***Disclaimer: Please note that RPPT listserv participation is not
>> restricted to practicing attorneys and may include non-practicing
>> attorneys, law students, professionals working in related fields, and
>> others.***
>>
>> _______________________________________________
>> WSBARP mailing list
>> WSBARP at lists.wsbarppt.com
>> http://mailman.fsr.com/mailman/listinfo/wsbarp
>
>
>
> --
>
> *TOM LEE*
>
> Attorney
>
> *R. THOMAS LEE, PLLC* | Attorney and Counselor at Law | A Professional
> Limited Liability Company
>
> Direct: 425-219-6736
>
> rtl at rtleelaw.attorney | website: www.rtleelaw.attorney
>
> This E-Mail message and any documentation accompanying this transmission
> may contain *Attorney Work Product, privileged, and/or confidential
> information and is intended solely for the addressee(s) named above*.  If
> you are not the intended addressee/recipient, you are hereby notified that
> any use of, disclosure, copying, distribution, or reliance upon the
> contents of this E-Mail message and/or attached documentation is strictly
> prohibited and may result in legal action against you.  Please reply to the
> Sender advising the Sender of the error in transmission and immediately
> destroy the message and any accompanying documents.  Thank you.
> ***Disclaimer: Please note that RPPT listserv participation is not
> restricted to practicing attorneys and may include non-practicing
> attorneys, law students, professionals working in related fields, and
> others.***
>
> _______________________________________________
> WSBARP mailing list
> WSBARP at lists.wsbarppt.com
> http://mailman.fsr.com/mailman/listinfo/wsbarp
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20230302/f53df57c/attachment.html>


More information about the WSBARP mailing list