Over the months and years I’ve written a lot about condominium associations and the things that buyers need to be aware of when purchasing into these “air rights” type of property purchases. Today, I read an article from Realty Times that discusses a problem with forced arbitration between a builder and an association’s members when construction defects were found.
The reason it seems compelling to me is due to the fact that in the details of the case the buyers were given the language about arbitration late in the purchase process, or after the purchase was complete. To read the full story click here.
This case comes from California so I’m sure the California Condo Guru will have something to say about it too.
