September 2013: Security Estates Beware

SECURITY ESTATES BEWARE: YOUR LEVIES AT RISK IF OWNER GOES UNDER

There are many advantages to living in a security estate, provided that the HOAs (Home Owners Associations) which normally run them are financially sound. Since HOAs rely on the collection of levies from members to fund communal expenses, they should always be protected in this regard by title deed conditions obliging all owners –